Dissolving a Partnership Firm

Querist : Anonymous (Querist) 10 April 2010 This query is : Resolved
Myself and three of my friends started a company. We signed the deed, got the pan card in the name of our company, registered for service tax also but yet to open the bank account. Now all the three have got some personal problem and wants to leave the company. But i wanna start it as we planned. Now at this stage how should i go about this?? how do i have to convert this into a single proprietor company??

Follow Query

Report Abuse

Murali Krishna (Expert) 10 April 2010
You are not clear whether, it is a partnership firm or a company. If it is a partnership firm it can be dissolved by mutual agreement. If it is a company procedure under company law has to be followed for dissolution. In such case consult a company law consultant.

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