Dear Sir please advise to me for example Mr. X is the proprietor of Firm ABC And Mr. x is partner of Firm DEF can Mr. x register a new firm and can he become proprietor of New firm
please suggest
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Quick Summary
This discussion explores the rules around business ownership, specifically if an individual can be a proprietor of one business and a partner in another simultaneously. It seeks clarification on whether a person can register a new firm and become its proprietor, even if they are already involved in another business as a partner. The question also touches upon the potential limit of how many companies a single person can own.