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Sole proprietorship to partnership


09-Apr-2023 (In Startup Law)
Can sole proprietorship converted into partnership? nIs it possible to use same firm name in partnership agreement too which is used at present in sole proprietorship?
Answers (1)

Answer #1
843 votes
Ye, a sole proprietorship firm can be converted into a partnership firm. Whether or not the same firm will be available will depend upon whether that firm name is available with the registrar of companies
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