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Minimum how many members should be there in partnership firm for converting into private limited company?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

Minimum how many members should be there in partnership firm for converting into private limited company?

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The minimum requirement for forming a private limited is 2, but they need to comply with the provisions of the Companies Act

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Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

The minimum requirement for forming a partnership firm is 2. Partnership firm does not require to comply with the rules of the Companies Act.

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