Upgrade and Save: Get 10% OFF on CAclubindia Pro Subscription! Use Code: SAVE10 Subscribe Now!

URGENT- conversion of propietorship firm to pvt co.

Mayuri Lal (officer CS) (748 Points)

16 March 2011

Can anyone please provde me with teh checklist for conversion of propritoeship firm to private company...

Its rili urgent... Thanking you in anticipation..

regards,

Mayuri Lal

Reply
Follow
Share

5 Replies

HARDIK (COMPANY SECRETARY NCFM (Corporate Governance )) (664 Points)
Replied 16 March 2011

Hi read the precedure of part 9 company which is for conversion of partnership firm into company./forum/conversion-of-company-into-partnership-5277.asp

Upgrade to CAclubindia Pro. Subscribe Now!

Jayashree S Iyer (Company Secretary) (3224 Points)
Replied 16 March 2011

Part IX is for conversion of partnership into a company.

For conversion of proprietorship into a company either:

1) Form a new company with the main object of taking over of proprietorship convern. or

2) An existing company may by Business Purchase Agreement take over the business of an existing proprietorship concern.

Mayuri Lal (officer CS) (748 Points)
Replied 16 March 2011

thanx Jayashree..

SO that means there are two ways..

And this business purchase agreement . There mus be some format fro the same.

Can u provide it if u have or can anyone provide me with it.

Thanks in advance

Mayuri Lal (officer CS) (748 Points)
Replied 16 March 2011

and the fist way like u said incorporate a new company with taking over business of the prop. firm then in that what document will give effect to itt...