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Procedure for Conversion of a Private ltd co. to Proprietary concern


20-Nov-2023 (In Corporate Law)
Dear sir/mam, Can a private ltd company be converted to a proprietary concern? If yes, what is the procedure. Thanks in Advance.
Answers (1)

Answer #1
711 votes
there is no procedure to convert the private limited company into a proprietory firm you can form a one man company as per the amendments to the companies act and if you wanted to form proprietor ship firm you need to dissolve the company and form a new firm

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