Friends,
A pvt ltd company takes over the business of prop. concern.
Now while submitting tenders can Company attach financial statements of prop business with taht as the company is a new one and does not have 3 years statements.
Thnx and Rgds,
4 Replies
HARDIK
(COMPANY SECRETARY NCFM (Corporate Governance ))
(664 Points)
Replied 12 May 2010
hi
yes a company can attach the financial statements of a prop. concern however a note should be attached with that of the financial statements.
Nirav Pankaj Shah
(Advocate)
(188 Points)
Replied 12 May 2010
| Originally posted by : HARDIK | ||
 |
hi yes a company can attach the financial statements of a prop. concern however a note should be attached with that of the financial statements. |
 |
hi can u provide format for agreement for taking over prop bus by PL Co?
HARDIK
(COMPANY SECRETARY NCFM (Corporate Governance ))
(664 Points)
Replied 18 May 2010
Hi its business purchase agreement generally and if you want to allot shares to partnet as well that seprate clause you can ad to that agreement.
raspreet kaur
(job)
(55 Points)
Replied 18 May 2010
Hi Nirav
Attached is the format of takeover agreement.
Attached File : 33 takeover agreement.doc downloaded: 232 times
Recent Topics
- Regarding Perquisite Tax on ESOP - Unlisted Compan
- Casual Taxable Person under GST
- Extended Date of GSTR-1 for the month of July 2020
- NRO Interest - Taxed at source and in Foreign Coun
- Clarity needed on effective date
- Income Tax Refund Deadline Shortened to Five Years
- Rectification Applications for Past GST Demands
- GST Invoices Series
- FILING OF ITR AY 20-21
- CLAIMING OF UNCLAIMED RCM
Related Threads
CAclubindia
