Dear Mr. Gopikrishnan,
My contact details are as follows:
Avika Kapoor
Vice President - Operations
Website: Kapgrow
Please also share your e-mail ID so that I can forward you the details.
Thanks & Regards,
Avika
From India, New Delhi
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122My contact details are as follows:
Avika Kapoor
Vice President - Operations
Website: Kapgrow
Please also share your e-mail ID so that I can forward you the details.
Thanks & Regards,
Avika
From India, New Delhi
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A proprietary business may be converted into a company, or a partnership firm may be converted into a company. A company is incorporated by making the sole proprietor as one of the subscribers to the Memorandum, i.e., he becomes the first member. In the case of a partnership firm, all the partners become subscribers to the Memorandum of the new company. Alternatively, the new company, which is incorporated, takes over the sole proprietorship or the partnership firm. There must be a specific provision in the Memorandum of the new company for taking over other businesses as one of its objects, and powers must be given to the Board of Directors by the Articles of the new company to enter into agreements for the acquisition of business.
To know more about the conversion of your proprietorship to a private limited company or to get your proprietorship converted, you can visit:
From India, Peddapuram
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To know more about the conversion of your proprietorship to a private limited company or to get your proprietorship converted, you can visit:
From India, Peddapuram
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CONVERSION OF A PROPRIETORSHIP INTO A PRIVATE LIMITED COMPANY
A proprietary business may be converted into a company, or a partnership firm may be converted into a company. A company is incorporated by making the sole proprietor as one of the subscribers to the Memorandum, i.e., he becomes the first member. In the case of a partnership firm, all the partners become subscribers to the Memorandum of the new company. Alternatively, the new company, which is incorporated, takes over the sole proprietorship or the partnership firm. There must be a specific provision in the Memorandum of the new company for taking over other businesses as one of its objects, and powers must be given to the Board of Directors by the Articles of the new company to enter into agreements for the acquisition of business.
STEPS INVOLVED IN THE CONVERSION OF PROPRIETORSHIP OR PARTNERSHIP INTO A PRIVATE LIMITED COMPANY:
1. The first step will be incorporation of a new company with the required provisions in the Memorandum and the Articles.
2. A resolution to acquire the other business shall be passed at a General Meeting requesting the Board of Directors to do the needful.
3. The Board of Directors shall enter into an agreement with the firm for its acquisition.
4. A copy of the agreement shall be filed with the Registrar within 30 days.
5. Shares have to be allotted by the Board of Directors to the partners of the firm so acquired (if it is a partnership firm) according to the terms of the agreement.
6. A return of such allotment has to be filed with the Registrar within 30 days to complete the registration.
For help with the conversion of your existing proprietorship firm into a private limited company or for the formation of a new private limited company, visit <link outdated-removed> (Search On Cite | Search On Google) and talk to one of the Business Experts.
From India, Chennai
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A proprietary business may be converted into a company, or a partnership firm may be converted into a company. A company is incorporated by making the sole proprietor as one of the subscribers to the Memorandum, i.e., he becomes the first member. In the case of a partnership firm, all the partners become subscribers to the Memorandum of the new company. Alternatively, the new company, which is incorporated, takes over the sole proprietorship or the partnership firm. There must be a specific provision in the Memorandum of the new company for taking over other businesses as one of its objects, and powers must be given to the Board of Directors by the Articles of the new company to enter into agreements for the acquisition of business.
STEPS INVOLVED IN THE CONVERSION OF PROPRIETORSHIP OR PARTNERSHIP INTO A PRIVATE LIMITED COMPANY:
1. The first step will be incorporation of a new company with the required provisions in the Memorandum and the Articles.
2. A resolution to acquire the other business shall be passed at a General Meeting requesting the Board of Directors to do the needful.
3. The Board of Directors shall enter into an agreement with the firm for its acquisition.
4. A copy of the agreement shall be filed with the Registrar within 30 days.
5. Shares have to be allotted by the Board of Directors to the partners of the firm so acquired (if it is a partnership firm) according to the terms of the agreement.
6. A return of such allotment has to be filed with the Registrar within 30 days to complete the registration.
For help with the conversion of your existing proprietorship firm into a private limited company or for the formation of a new private limited company, visit <link outdated-removed> (Search On Cite | Search On Google) and talk to one of the Business Experts.
From India, Chennai
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we want our firm JMD CO-ORDINATING MANAGEMENT CORPORATE PARK convert to PVT LTD COMPANY as JMD CO-ORDINATING MANAGEMENT CORPORATE PARK(I)PVT. LTD
From India, Delhi
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From India, Delhi
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Dear Member,
As I do not know your business trade, if a proprietorship firm is willing to convert it into a Pvt. Ltd company, you have to contact a CA to discuss the matter. Depending on your business, trade, and activities, the CA will apply to the Ministry of Commerce Affairs (MCA), the ultimate government body of India, to incorporate such companies. Any private Ltd company falls under the Companies Act of 1956.
A major requirement to become a Pvt. Ltd company is that there must be a minimum of 2 directors. In a proprietorship firm, you are the sole person dealing with the business in government records. If you can email me your trade or nature of business, I may be able to provide more information.
To convert any firm into a Pvt. Ltd company, you can consult with a CA.
Regards,
Manish Srivastava
From India, Lucknow
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As I do not know your business trade, if a proprietorship firm is willing to convert it into a Pvt. Ltd company, you have to contact a CA to discuss the matter. Depending on your business, trade, and activities, the CA will apply to the Ministry of Commerce Affairs (MCA), the ultimate government body of India, to incorporate such companies. Any private Ltd company falls under the Companies Act of 1956.
A major requirement to become a Pvt. Ltd company is that there must be a minimum of 2 directors. In a proprietorship firm, you are the sole person dealing with the business in government records. If you can email me your trade or nature of business, I may be able to provide more information.
To convert any firm into a Pvt. Ltd company, you can consult with a CA.
Regards,
Manish Srivastava
From India, Lucknow
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Anyone can help me in preparing the document while transferring all employees from sole proprietorship to Pvt Ltd company (one entity to a different entity)? Is there any specific letter format to follow?
Thanks in advance.
From India, Bhubaneswar
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Thanks in advance.
From India, Bhubaneswar
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