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    Conversion of Partnership Into Private Company

    Posted By : SARIKA / Published on : 02-Apr-2022 12:13 PM / View : 108 / Comment : 1
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    Hello Members,

    a
    Anybody doled me know the procedure of conversion of partnership firm into private limited company.
    Read more on : company private into partnership conversion

    • Dear Madam,

      Greetings,

      Under the amended section 366 of the companies Act, 2013 any entity be it a LLP, partnership firm, co-operative society or any other business entity formed under any other law, with minimum two members can be registered as a Private Limited Company.

       The procedure of conversion of partnership firm into private limited company.

      A) The Partners of the Partnership Firm shall convene a meeting and give their consent for the conversion of the Partnership Firm into a Private Limited Company.

       

      B) Obtain Director Identification Number and Acquire Digital Signature Certificate

       

      C) Name approval has to be obtained from the Registrar of Companies

       

      D) After obtaining name approval from the Registrar of Companies, applicant shall prepare and file the E-FORM URC-1 along with the required documents.

       

      E) After obtaining name approval, and approval of E-FORM URC-1 from the Registrar, the applicant is required to draft the Memorandum and Articles of Association and other relevant documents required for in-corporation.

       

      F) The applicant shall file various documents including MOA and AOA in respective E-forms with Registrar of Companies. The Registrar on being satisfied on compliance shall issue a Certificate of Incorporation.

       

      Hope it helps

      Thanks.

      22-04-2022 / 05:27:59 AM
      Reply



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