Can one person register two companies (one is a proprietorship firm, another is a partnership firm) in India?
John Miller (Business Strategist) 11 March 2020
Can one person register two companies (one is a proprietorship firm, another is a partnership firm) in India?
Naresh Dhanjal 11 March 2020
abhi jani 11 March 2020
Yes, one person can run two businesses i.e. Proprietorship and Partnership firm at the same time with a condition that the partnership deed does not bar such type of business. Normally there is no such bar of doing other business but running a business with same nature of object can cause difficulties.
So there must be clarity in the partnership deed regarding such clause to avoid any discrepancy.
If you are looking for registering your business under Sole Proprietorship or Partnership Firm.
Raj Kumar Makkad (Adv P & H High Court Chandigarh) 14 March 2020
Yesis the sole answer to your query. A person can be a partner to as as may many partnership as he wish and he is also free to be a proprietor simultaneously to the firms and companies inumberable.