Please Help: conversion of propritership into pvt. ltd.company
Posted Date : 01-Apr-2016 , 06:43:02 pm | Posted By Ashutosh Kumar Tripathi
One of proprietorship business has formed a pvt. ltd. company two years back but no transactions took place in pvt. ltd. company. Now proprietor wants to convert his business into the 2 years back formed pvt. ltd. company. Please guide the procedure in details as well as pros & cons.
Category : Corporate Law | Answers : 0 | Comments : 2 | Hits : 354
Answers
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anil uttam
05-Apr-2016 , 02:53:11 pmNo, It is not possible to convert his Pvt. Ltd. Company into Proprietorship concern from two year back.
JEET REWRI
06-Apr-2016 , 07:22:13 pmIn any circumstances , private limited company can be converted into prop ship firm, it has to dissolved however prop business can be continued as usual if new company was formed