Hello,
What are the PF ESI Compliances applicable for Sole Proprietorship once getting registration.
Please assist in detail.
Dear Professionals,
Please guide on the complete procedure and draft documents on conversion of Sole proprietorship in private limited company.
Dear friends
Want to understand how this works as per law
Anyone who has done this pls guide
Dear Members,
What is the procedure for conversion of Proprietorship into a Private Limited Company and what are the documents required for this.
Dear Members,
Can a Private limited company issue shares to a Proprietorship firm where they have a common person as director and Karta in proprietorship firm ?
please reply
can a CA become a partner in an audit firm in India and at the same time can hold the proprietorship of Audit Firm in Nepal Under ICAN Act (Nepal). Any obligation for continuing as a member of ICAI & ICAN at the same time, whether possible or not?
How will the CPE obligation be fulfilled in such a case ?
Hi Parth,
I am facing the same issue. Director of the company and sole proprietor is same in my case.
Can you help me how the sole proprietorship can be converted into company and whether shares, as a consideration, would be issue as right issue.?
You can't not incorporate with take over object clause because liabilities of proprietorship is unlimited and so Company can't acquire the business.
Dear All,
A public company took over the sole proprietorship of one of its directors. There stood unsecured loans from the relatives of the director in the sole proprietorship.
My query is, whether after the takeover of the sole proprietorship by the public company the unsecured loan outstanding in the name of the relatives of the director will be treated as deposit for the public company considering that any amount received from a relative of a director in a public company shall be treated as deposit as per the deposit rules.
Dear Learned Members,
Can a
1. Sole proprietorship firm of director can give directly loan to private limited company?
2. Sole proprietorship, where relative director is proprietor can give directly loan to Private Limited company.
Thanks in advance
Dear Colleagues,
We are a two member Partnership Firm and one of the partner is leaving. What is the way to convert the Firm into Proprietorship so that the name can be retained. How can this be done on the Self-Service Portal.
Thank you.
Hello members,
A proprietor has business turnover of 2.5 crores.
He wants to convert it into LLP or Private Ltd Co.
Which type of business should be suggested as taxation for LLP is 30% and pvt ltd is 25%...
Kindly share an article / draft on it, if possible..
Please confirm and guide me..
Prompt guidance is expected from all well known members..
Thanx in advance.