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    Conversion of partnership firm into pvt ltd company

    Posted By : damini / Published on : 22-Jan-2020 10:58 AM / View : 333 / Comment : 0

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    Hello Members,

    I need detailed procedure and forms applicability for the process of conversion of partnership firm (having two partners) into pvt ltd company

    Do i need to convert it under Part I of Chapter XXI of the Companies Act, 2013 (also needs to refer Section 366 of the Companies Act ?)

    -Also let me know what would be the treatment of capital of existing partners after conversion? we need to allot shares as per the capital of partnership firm?

    kindly guide me at the earliest
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