Poonawalla fincorp
Poonawalla fincorp

can a company purchase the share of partnership or sole prop

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(Querist)
14 June 2009 can a company purchase of share in parntership or in sole prop.
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CA Devanshi Gandhi (Ajani)

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CA Devanshi Gandhi (Ajani) (Expert)
14 June 2009 it can become a partner in partnership and it can acquire sole pro. and also partnership.
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Ankur Garg

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Ankur Garg (Expert)
15 June 2009 Yes, a company can purchase of share in parntership or in sole prop coz it has perpetual existance.


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Manmohan ACA, CS

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Manmohan ACA, CS (Expert)
15 June 2009 yes

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