CA. Harinder Kumar (Chartered Accountant) (226 Points)
04 January 2008what is the procedure for making a prop. concern into Pvt. Ltd company
shilpa
(company secretary in practice)
(148 Points)
Replied 04 January 2008
| Originally posted by :CA. Harinder Kumar | ||
| " | what is the procedure for making a prop. concern into Pvt. Ltd companywhat is the step for formation of pvt. Ltd. Companyis two promoters necessary | " |
| Originally posted by :Guest | ||
| " | A proprietorship can be converted into a partnership and then into a pvt ltd or ltd company by following procedure under part IX of companies act. | " |
| Originally posted by :Guest | ||
| " | A proprietorship can be converted into a partnership and then into a pvt ltd or ltd company by following procedure under part IX of companies act. | " |
| Originally posted by :shilpa | ||
| " | conversion of prop into company is a wrong concept.There can be no such conversion under any law in India. A company is a legal entity which can be incorporated under the companies Act 1956. When you have to convert the status of business from Prop to Company. Firstly incorporate the company with the same promoters and then take over the business of prop. |
" |
| Originally posted by :shilpa | ||
| " | conversion of prop into company is a wrong concept.There can be no such conversion under any law in India. A company is a legal entity which can be incorporated under the companies Act 1956. When you have to convert the status of business from Prop to Company. Firstly incorporate the company with the same promoters and then take over the business of prop. |
" |
i am having a proprietorship concern. want to go for pvt ltd. kindly tell the procedure
CAclubindia
