Can anybody guide me that whether a partnership firm can be merged or amalgamated in to a public limited company. If yes then what is the procedure ?
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No merging or amalgamation is possible.
The assets and liabilities of the partership firm can be taken over by the public limited co in exchage of shares allotted to the partners of the partnership firm.
Other alternative is to convert the partnership firm into a limited company and then merge the two companies or amalgamate them. CA D.P.Ghatak, FCA
Durgapur
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| in my opinion the partnership firm needs to be converted into a company under part ix of the companies act & then the merger / amalgamation may take place. Regards Shiv Kumar Bhuwania |
--- On Mon, 26/3/12, Efiling Ravi <efili...@gmail.com> wrote: |
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