Change in constitution of a firm

pradyot kumar biswas (Querist) 17 December 2011 This query is : Resolved
What is the legal difference between "change in constitution" and "Change of constitution" of a Firm.
What is the legal meaning of a "Firm".
Is changes from proprietorship to Partnership or vice versa can be considered as change in constitution.
Pradyot Biswas

Follow Query

Report Abuse

Devajyoti Barman (Expert) 18 December 2011
We provide solution to only practical legal problems mainly to the litigants.
For this type of school level queries , please refer any standard book on the subject.

Guest (Expert) 18 December 2011
While firm is a business entity, there is no difference in the terms change in constitution or change of constitution of a firm in that respect. Your presumption is correct that any change from properietorship to partnership or vice versa is known as change in constitution.

Sailesh Kumar Shah (Expert) 18 December 2011
academic query.

Raj Kumar Makkad (Expert) 18 December 2011
There is lot of difference between change in constitution and change of constitution in the light of your subsequent status. Change in constitution shall occur when the basic constitution is maintained and any of its term is changed whereas change of constitution means its entire replacement such as proprietorship firm is changed into a partnership firm or vice-versa.

V R SHROFF (Expert) 19 December 2011
Biswasji,
If you discuss with your teachers, students, and take time to read in Library, you get better knowledge than asking here.

Try avoid academic & Edu queries.

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries