Hi frnz
can sumone plz help me with the steps and formalities required for merger of 4 proprietorship co's into one pvt ltd co.
Thanks & Regards
Meenakshi
meenakshi modi (PCS) (84 Points)
14 April 2010Hi frnz
can sumone plz help me with the steps and formalities required for merger of 4 proprietorship co's into one pvt ltd co.
Thanks & Regards
Meenakshi
CS GK Murty
(Company Secretary)
(225 Points)
Replied 14 April 2010
it's very simple. The following are the steps:
> Ascertain the valuation of each proprietorship firm
> Allot shares in the company by equal amount as per step-1 to the proprietor of each
> Get DSC for the proprietors and register with MCA
> Induct them in the board of pvt ltd. co. as directors after filing form-32
For further queries if any, please revert.
CAclubindia
