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Changing Company from PVT LTD to LLP ...


27-May-2024 (In Corporate Law)
I have a Private Limited Company. Can we change the company from Pvt Ltd to LLP, proprietorship etc ? The office is in the company's name. Is there any way to make the company property in my name vis gift or transfer ?
Answers (2)

Answer #1
891 votes
Yes, you can change a Pvt Ltd to LLP by following the due procedure. You have to follow the due procedure of law, if it is prescribed within the laws, to transfer the Company Property into your name via Gift.
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Advocate Pankaj Bajaj

Adv. Pankaj Bajaj

LawRato Pune | 700+ Answers
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Answer #2
945 votes
you can convert a company to LLP or proprietorship. in case you want to have a business in LLP or proprietorship format you need to follow the winding up procedure as per the provisions of Companies Act. Regarding the furniture, you can individually purchase the furniture of the Company at an agreed price as discussed with the Board of Directors.
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Advocate Parvez

Adv. Parvez

LawRatoMumbai | 50+ Answers
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