Legal Question in Family Law in
what are the legal incidents of converting a sole proprietorship to a partnership?
Asked on 9/13/10, 1:19 am
2 Answers from Attorneys
BHUPESH NARULA
NARULA&ASSOCIATES;
there is no impediment in converting the proprietorship to partnership firm, The partnership deed has to be prepared and registered.
Answered on 9/13/10, 6:36 am
Vishwa Arya
Arya & Co.
two or more up to 20 may join to form a partnership under the Indian Partnership Act. for converting the proprietorship to partnership, the proprietor has to join hands with one or more persons to convert it into partnership
Answered on 9/13/10, 9:21 am