Please write me when Private ltd formation is compulsory?
I am doing business with sole proprietorship.
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Private ltd formation is compulsory?
Replies (1)
Ms Ruchi
Being you are running the business as sole proprietorship, you need not to worry about Company Law provisions. It is for association of persons or firms working for gain, consisting more than 20 persons, to go for registration under Company Law.
Regards- Sudhir
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