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proprietorship

(Querist) 21 February 2015 This query is : Resolved 
Dear experts
I am a govt. Bank employee, now i am planning to open an electronic showroom to try my hand in business..my query is--:
Can i register for proprietorship on my name.?
And if i make my wife the proprietor..can i be the co-proprietor or joint ..
Will it affect my job anyhow..
Thank you.

Guest (Expert) 21 February 2015
No Doubt You are an Intelligent Person to Know Your Own Answers.
Devajyoti Barman (Expert) 21 February 2015
you can neither be sole proprietor or joint one.
concentrate in your current job.
Guest (Expert) 21 February 2015
A student's academic query.
Dr J C Vashista (Expert) 22 February 2015
I agree with experts.
prabhakar singh (Expert) 22 February 2015
Q.Can i register for proprietorship on my name.?

A.NO!

Q.And if i make my wife the proprietor. Can i be the co-proprietor or joint ..
Will it affect my job anyhow..????

A. Your wife alone can run a proprietorship firm but You can not be a co-proprietor or joint.....CO PROPRIETOR IS A TERM UNKNOWN TO LAW and doing business will affect your job.
aman (Querist) 22 February 2015
Thanks all experts.
Rajendra K Goyal (Expert) 22 February 2015
Agree with the expert prabhakar singh ji.
ajay sethi (Expert) 22 February 2015
agree with prabhakarsinghji
T. Kalaiselvan, Advocate Online (Expert) 24 February 2015
Another student's academic query.


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