Conversion of Partnership Firm into PVT. LTD Company.
This query is : Resolved
26 January 2008
Hi,
I am runing a partnership firm with one partner, which is established 2 months before.Nature of business is to provide Security Personnels ( Guards )
Please advice me on following things -
1) Is it possible to convert the same firm in to a Pvt. Ltd company ?
2) If yes then, service tax , PF, ESIC, PT registration nombers will remain same ? Or we have to register again ??
3) How many days it will take to convert the same? and what will be the total aprox expences for that ??
Please advice.
I am runing a partnership firm with one partner, which is established 2 months before.Nature of business is to provide Security Personnels ( Guards )
Please advice me on following things -
1) Is it possible to convert the same firm in to a Pvt. Ltd company ?
2) If yes then, service tax , PF, ESIC, PT registration nombers will remain same ? Or we have to register again ??
3) How many days it will take to convert the same? and what will be the total aprox expences for that ??
Please advice.
26 January 2008
1.Yes, Refer to Section 568 of the companies Act 1956.
2.Yes, because of change in status into corporate entity.
3.Being procedural, it is difficult to say.
2.Yes, because of change in status into corporate entity.
3.Being procedural, it is difficult to say.
27 January 2008
1) Is it possible to convert the same firm in to a Pvt. Ltd company ?
YES YOU CAN BUT U HAVE TO GET THE REGISTRATION PROCEDURE COMPLETED WITH ROC
2) If yes then, service tax , PF, ESIC, PT registration nombers will remain same ? Or we have to register again ??
YES BUT NECESSARY ENTITY CHANGES PROCEDURE ARE TO BE COMPLETED
3) How many days it will take to convert the same? and what will be the total aprox expences for that ??
IT DEPENDS ON THE ROC FEES AND ALSO PREPARATION OF ARTICLES AND MEMORANDUM OF ASSOCIATIONS
YES YOU CAN BUT U HAVE TO GET THE REGISTRATION PROCEDURE COMPLETED WITH ROC
2) If yes then, service tax , PF, ESIC, PT registration nombers will remain same ? Or we have to register again ??
YES BUT NECESSARY ENTITY CHANGES PROCEDURE ARE TO BE COMPLETED
3) How many days it will take to convert the same? and what will be the total aprox expences for that ??
IT DEPENDS ON THE ROC FEES AND ALSO PREPARATION OF ARTICLES AND MEMORANDUM OF ASSOCIATIONS
29 January 2008
Dear Mr. Srinivasraghavan And Mr. Gul,
Thank you very much for your prompt reply.
God bless you.
Regards,
Stayni
Thank you very much for your prompt reply.
God bless you.
Regards,
Stayni
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- ITC temporary reversal and reclaim
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Inventory of finished goods
- Applicable TDS rate for sale of property in Nov 2024
- Confusion around Form 26QB fields
- GST ON EXPORT COMMISSION
- RCM INVOICING FROM NOV-2024
- Tds on building rent monthly
- Disallowance of Section 43B(h) to sez units
- Regarding Waiver of Interest levied u/s 50 of PGST/CGST Act
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
Trending Online Classes
CAclubindia
