example:
ABC Enterprise is partnership firm. Sumit Patel is a partner of such firm.
Sumit Patel is also director and promote in XYZ private limited company.
Can XYZ private limited company issue share to ABC Enterprise???
can ABC Enterprise become shareholder of XYZ private limited company????
Menu
Private limited company can issue share to partnership firm
Replies (5)
Partnership firm cannot be member of company, other than sec 8 company
No, XYZ pvt ltd cannot issue shares to ABC enterprise.
As per 184 of companies act 2013 Its allow Director of partnership Firm. company can issue share to the firm But the director shall disclose this Matter in MBP 1 file with Company
Partnership firm is not a legal entity, therefore it cannot be a member of company except in sec 8 company
Thanks for correcting me
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
