Treatment of cenvat credit upon conversion of sole propreitorship into limited co

Hi, Whether an sole proprietorship firm converted/taken over by Limited Company can carry over the Cenvat Credit (VAT/ Service Tax/ Excise etc) available as on the date of conversion/take-over. Normally in case of merger or slump sale etc all such asset is taken over by the merged or purchaser entity, hence no loss of cenvat credit. Whether the same will be available to upon conversion/take-over of Sole Proprietor to Limited Co. Thanks in advance.