To buy existing bussiness through private limited company

254 views 2 replies
Have a doubt, Mr XYZ has a food Business running since 10 months. He invested his own money say 10 Lakhs for its existence and sustenance. In order to increase the value of his brand and to open similar food chains, He had recently incorporated a private limited company on same food clause to receive more shareholders. He wants to bring the existing outlet which he invested solely under the company and encase his own investment of 10Lakhs for personal use. What should be the way forward?
Replies (2)
is the existing food business a proprietary concern?

Yeah, Its is sole properiatorship food bussiness.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 12 March 2026
Customer Relationship Executive

TAXLET

Calicut

B.Com

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details