We have partnership firm we need to merge with another private ltd company
1.with no tax or with minimal tax
2.what are the procedures to be followed
3. which is the best alternative
i) converting the firm into a pvt td company
ii) purchasing assets and liabilities of the partnership firm
Respected Sir/Medam,
Want to know whether preference shareholder consent is needed or not for striking off the Pvt. Ltd.company from MCA or a simple board resolution from founder members will be enough.
Will appreciate guidance in the matter.
To qualify the Company as a Small Company, is it necessary to fulfill both the paid-up capital and turnover criteria, or is it sufficient to meet just one of them? Kindly clarify.
Thanks in Advance
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Private limited company (Pvt Ltd) acquire a partnership firm