conversion of prop into company is a wrong concept.There can be no such conversion under any law in India.
A company is a legal entity which can be incorporated under the companies Act 1956.
When you have to convert the status of business from Prop to Company.
Firstly incorporate the company with the same promoters and then take over the business of prop.
Guest
Posted on 04 January 2008
what is processing of service tax, cst, vat,tds,fbt.
Guest
Posted on 18 January 2008
A proprietorship can be converted into a partnership and then into a pvt ltd or ltd company by following procedure under part IX of companies act.
conversion of prop into company is a wrong concept.There can be no such conversion under any law in India.
A company is a legal entity which can be incorporated under the companies Act 1956.
When you have to convert the status of business from Prop to Company.
Firstly incorporate the company with the same promoters and then take over the business of prop.
conversion of prop into company is a wrong concept.There can be no such conversion under any law in India.
A company is a legal entity which can be incorporated under the companies Act 1956.
When you have to convert the status of business from Prop to Company.
Firstly incorporate the company with the same promoters and then take over the business of prop.
"
i am having a proprietorship concern. want to go for pvt ltd. kindly tell the procedure
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