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Can a partnership firm be converted to a company. What procedure?


10-Oct-2023 (In Documentation Law)
Can partnership firm be converted in company without registration? What is the procedure for the same?
Answers (1)

Answer #1
750 votes
A partnership firm can be changed to a company with following a proper procedure as per companies Act. You need to first draft the Rules and Regulations i.e. Memorandum of Association and Article of Association etc. which is very basic documents for the purpose of determining the purpose of formation of the company.

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