Absorption of registed firm by pvt

hdshardik (Querist) 28 October 2013 This query is : Resolved
can a private ltd co take over the registered partnership firm? which clause gives authority to pvt ltd co . to take over the firm? what to check in Memorandum of association and article of association?

Follow Query

Report Abuse

Devajyoti Barman (Expert) 28 October 2013
academic query..........

Ms.Nirmala P.Rao (Expert) 28 October 2013
The objects clause of Memorandum of association permits a company/pvt limited in this case to take over the business of a registered partnership firm if businesses of both are ancillary or incidental. Otherwise, it is beyond its powers or subject to doctrine of ultra vires. If you wish to thank me for this reply please click the thank you button on my profile.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Member Strength 1001530 and growing..

Stay updated with latest Posts!

Trouble Logging in? Try following the given steps -
1. Visit your inbox to find a confirmation mail from LAWyersClubIndia.
2. Click on the confirmation link and confirm your signup

New users who have not received email verification mail click here to verify