Legal Question in Banking Law in India
can a bank in india convert propreitership account to partnership account with same account number?
Asked on 3/19/13, 5:55 am
2 Answers from Attorneys
Fca Prashant Chavan
Expert Edge LLP
19.03.2013
Dear Sir / Madam,
(Diu, Junagadh, Gujarat)
No .. the bank cannot use the same account number for a sole proprietorship converted to a partnership as they are the constitution of both the entities are different.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
Answered on 3/19/13, 5:58 am
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