LLP

This query is : Resolved 

19 September 2009 CAN WE CONVERT EXISTING PROPRIETOR SHIP CONCERN TO LLP

19 September 2009 Yes, as an take over

19 September 2009 In my opinion Existing proprietorship business can not be converted in LLP. It is not a partnership firm which can be converted into LLP.
You will have to first create the LLP and then the business of proprietorship can be sold out to LLP.


20 September 2009 Agree with Ratan Sir.

20 September 2009 Agree with Ratan

20 September 2009 Agrre.

Acquisition by LLP of proprietorship business is possible.



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