Is work experince of a partnership firm eligible?
Dhiraj Mishra
(Querist) 26 February 2018
This query is : Resolved
All partners (say A & B) of a partnership firm (AB & Co.) enter individually into another partnership firm with other individuals ( C & D ) { four partners A, B , C & D} to form a partnership firm (ABCD & Co.). They drop a tender in a PSU company on the name of firm ABCD & Co. but they submit work experience and Turnover of Firm AB & Co. . It is legal/right ? As partnership firm can not enter into another partnership firm. can their experience be legal in this case?
Guest
(Expert) 26 February 2018
Work experience of another entity is not eligible. ABCD & Co. should give its own experience and an independent entity, as tenderer.
Guest
(Expert) 26 February 2018
Just remember, firm ABCD cannot represent the AB in any corporate business transaction.