Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Can a partnership firm be converted into a company?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

    0       0 Answer Now Comment Report
3 Answers
Open uri20170510 32134 tcchcu?1494421832 answered

Hiiii friend , A partnership can be converted into company if all partners agree to do so. A partnership can be converted into either private or public company depending upon partners discretion. You can do so by consulting a CS or CA who will make you all required procedures done. For getting converted you have to get through all norms of Companies Act 2013. Here you have to decide your objectives of business and make MOA and AOA. and after this you have to fill required forms with ROC and complete all required complainces of ROC. Regards,

    1       0 Comment Report
Important Note – Preparing for CS Executive?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Open uri20170510 32134 117xyds?1494421825 answered

yes off course !!. the partnership firm can be converted into a company under the provision of company's act 1956 and income tax act 1961. there two options available to convert the partnership into the incorporate comapny under the comapny act 1956. and another one is the incorporate company which can legally take over the the business of the partnership firm and continue the same business under company act 1956 (IX). the prescribed laws and procedure for comapnies authorised for register under part IX under company act 1956 need to file the following document with registrar of comapny within the 60 days from the date of name approval 1. two sets of memorandum and article of shall be duly stamped 2.Thereafter these documents are required to be executed by the promoters in their own hand after the date of Stamping of Memorandum & Article of Association in duplicate stating their full name, father’s name, residential address, occupation, number of shares subscribed for & Signature etc Once the new company is formed, the takeover agreement would be entered between the Partnership Firm and the newly incorporated company.

    1       0 Comment Report
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Absolutely YES!! It has to satisfy various provisions of Companies Act 2013 and it can be converted into a Joint Stock Company or a Limited Liability Partnership.

    2       2 Comment Report
Get Notifications
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.