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,
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Conversion of Prop Business into Pvt Ltd Co
Replies (4)
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.
| Originally posted by : HARDIK | ||
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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. |
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hi can u provide format for agreement for taking over prop bus by PL Co?
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.
Hi Nirav
Attached is the format of takeover agreement.
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