15 July 2015
Hi friends,
can anyone help me with the procedure and requirements for conversion of a partnership firm into private limited company? ROC Mumbai is not accepting such application. can anyone help how to move ahead?
20 July 2015
How did you file the application? I mean which form did you file?
I really feel that making application under Section 366 is lengthy procedure.
Usually, it is better to incorporate new Company and takeover the business of Partnership firm. If Partnership Firm does not have any immovable property, then this is very efficient process of converting Firm into LLP (Although this is not a conversion per se)
21 July 2015
I have not yet filed the application.. just went for the verbal inquiry at ROC.. they said that they are not accepting applications of conversion of Partnership Firms.. but they do conversions of LLP to Company...
In my case the cost of availing License of activity of the company is huge.. hence conversion is the best option rather than take over..