I HAVE GIVEN A APPLICATION FOR REGISTRATION OF A PRIVATE PRIVATE LIMITED COMPANY IN WHICH I WOULD BE ONE OF THE DIRECTOR.
EARLIER I WAS A PROPREITOR IN A COMPANY WHERE I HAVE SOME NOTICES ISSUED / SOME LIABLITY AGAINST ME BY THE SALES TAX DEPARTMENT FOR NON FILING OF VAT.
WILL THAT LIABILITY AFFECT THE NEWLY FORMED PRIVATE LIMITED COMPANY IN ANY WAY ??
THE PREMISE REGISTERED FOR BOTH THE PRIVATE LIMITED COMPANY AND THE EARLIER PROPRETIORSHIP FIRM IS THE SAME. THE PLACE IS IN PAGADI SYSTEM WHERE THE RENT RECEIPT IS ISSUED IN MY NAME.
IS THERE ANY LIABLITY TO THE PAGADI SYSTEM PLACE IN THE NAME OF THE PROPREITOR ? WOULD THE OLD LIABLITY AFFECT THE NEWLY FORMED PRIVATE LIMITED COMPANY OR THE OTHER DIRECTOR IN ANY WAY ?
KINDLY GIVE CORRECT LEGAL ADVICE, ALSO YOUR CONTACT DETAILS SO THAT I CAN GET IN TOUCH WITH YOU.
CAclubindia
