banner_ad

Conversion of proprietory to private company

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
17 January 2012 dear sir/madam,

i want to convert proprietary to pvt co. i have following doubts

1)what will be the object clause
2)is agreement is to be executed, whether stamp duty to be paid? any specific format.
3)if Authorized capital share capital is Rs 100,000/- can shares to proprietor be given from that one lakh or authorized capital be increased
4) how many shares can be taken by subscriber to memorandum and articles
Profile Image

CS Sandip Rahane

Profile Image

CS Sandip Rahane (Expert)
18 January 2012 Dear Mr. Ano
1) Object clause will be as per your business.
2) Agreement needed.
3) Pvt. co need Rs.1/- Lac paid up as well as autho share capital.
U can give any no. of shares to any person (relative, promoter) from that.
4) All subscribers should take 100% (including all 100%)
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
18 January 2012 Any format of agreement
Profile Image

Dhirajlal Rambhia

Profile Image

Dhirajlal Rambhia (Expert)
18 July 2023 "Sorry, I am not a featured member."

For featured members contact....

https://www.caclubindia.com/catalogue/featured.asp
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join the CA Students WhatsApp Community for ICAI Updates, Trending Courses & Notes!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
22 May 2026
Sr. Financial Analyst - Consolidation

Search Synergy

Mumbai

CA

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
07 May 2026
CA Assistant

amit desai and co

Mumbai

CA Final

View Details
Company
ARTICLESHIP 24 April 2026
Article

Rohit Doshi And Associates

Pune

CA Foundation

View Details
Company
ARTICLESHIP 30 April 2026
Article Assistant

J SINGH & ASSOCIATES

Ahmedabad

CA Inter

View Details
Company
ARTICLESHIP 17 May 2026
CA Article /Trainee

Malik Sunil & co

New Delhi

CA Foundation

View Details
Company
25 April 2026
Tax Executive/Manager

BDMV & Co, Chartered Accountants

Mumbai

CA Final

View Details
Company
ARTICLESHIP 05 May 2026
ARTICLED ASSISTANT

JS ADVISORS

New Delhi

CA Inter

View Details