Taking over a Proprietorship concern by Pvt Comp-Tender etc.

Guest (Querist) 21 May 2010 This query is : Open
If a priovate company takes over business of a properietorsip concern then whether proprietors experience and financial data for last 3 years shall be deemed to be that of a Company while submitting tenders for Government Works. Company is a new one and may not have experience and 3 years bs and P7L account. If it takes over a proprietor business then can it get proprietors experience?

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