can a proprietor introduce another person to carryout business with his proprietorship firm name.
I.e. can proprietor be changed in case of a proprietorship firm.
Unable to get proper answer....Kindly help to clear my doubt.
anand bhandari (propreitor) 18 January 2014
can a proprietor introduce another person to carryout business with his proprietorship firm name.
I.e. can proprietor be changed in case of a proprietorship firm.
Unable to get proper answer....Kindly help to clear my doubt.
CA Archana Yadav (FCA) 21 February 2014
Dear Anand,
Issue a power of attorney for him to execute all the transactions on your behalf.
However will advise not to get into such transactions as this may create long term litigations.
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