Merger of partnership firm with pvt ltd company

gurdeep singh (Querist) 08 August 2017 This query is : Resolved
I am an banker. Promoters of a partnership firm who are also directors in a private limited company have approached us for merger of their partnership firm with pvt Ltd company. Before i issue an NOC what documents or financials i shall asked for.

regards
gurdeep singh

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Rajendra K Goyal (Expert) 08 August 2017
Commercial query, go for professional consultation.

Guest (Expert) 08 August 2017
Company will be separate entity apart from the partnership firm, You are share holders and directors of the company, To achieve your goal 1) Transfer or sell all your partnership business to Company including assets and liabilities 2) Induct other people who where partners in partnership firm in company as directors 3) New Directors give them shares . 4) Necessary entries should be do in MCA portal by Company secretary 5) Close Partnership firm

This work can be easily done by CS & CA

Ms.Usha Kapoor (Expert) 20 June 2018
I \Agree with Madhu's opinion

Ms.Usha Kapoor (Expert) 20 June 2018
I agree with Madhu's opinion./

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