Conversion of prop concern to pvt ltd

Ashish (CHARTERED ACCOUNTANT) (30 Points)

14 January 2015  

One of our Client is Government Contractor. He is working since last ten years as propreitor. Now he wants to convert his propreitorship concern into Pvt Ltd. The point is whether the work/assignments done under individual name will be considered as wok experience for the proposed Pvt Ltd because Govt departments allots tenders on the previous work experience basis.