Conversion

Conversion Of NBFC Into Bank

23rd May 2019

What is Conversion Of NBFC Into Bank? NBFC have a phenomenal role to play in Indian economy to have sound sources of funding. As said by PN Vasudevan, Bank is like a marriage; NBFC is like a bachelor’s life; you enjoy it and have a lot of freedom but at the end of the day, […]

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Proprietorship To Private Limited

23rd May 2019

Proprietorship To Private Limited People start their own businesses as a sole proprietor because of less compliance but as the business grows sole proprietor needs separate bank account for their business transactions, to complete all his requirements the immediate possible solution is conversion of proprietorship to private Limited. To convert a Sole Proprietorship into a […]

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Partnership To LLP

23rd May 2019

No partnership firm registered under the Partnership Act, 1932 have been converted into Limited Liability Partnership after the introduction of LLP Act, 2008 due to more benefits like minimal compliances, tax advantages, limited liability, separate legal entity, etc. are involved with LLP format of business entity. Unregistered partnerships cannot be converted into LLP. More and […]

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Private Limited To Public Limited

23rd May 2019

Private Limited To Public Limited Although private entity is a corporate entity and enjoys the benefit of registered corporate but conversion of a private entity into public concern has its reasons, significance and vary accordingly. A Public Company has seven or more members and can invite public to subscribe to its shares. A subsidiary company […]

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