Legal Question in Business Law in India

whether upon conversion of partnership into a company, properties of the firm gets automatically transferred/vests into such newly formed company? (or whether there is any requirement of execution of conveyance?)

whether upon such conversion of firm into a company, the old firm still continue to exists or dies?


Asked on 3/31/12, 12:28 am

3 Answers from Attorneys

Aniruddha Pawse Aniruddha.P.Pawse Advocates

approach a local solicitor firm

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Answered on 4/01/12, 6:45 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

once the partnership firm converts itself to a company, the firm ceases to exist.

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Answered on 4/04/12, 12:47 am
Jayesh Desai Jayesh Desai

Old firm ceases to exist, doe snot die! Contact a local lawyer, who can guide you better, he will need to see, the documentation done by you for your action, before advising.

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Answered on 3/27/13, 9:13 am


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