Can i convert a proprietorship company to private ltd. company and use the experience [executed contracts(s), financial position (b/s, p/l a/c etc.) of proprietorship company i) if proprietor is cmd/director/not director of new pvt. ltd. company ?

you can frame  a memo of assocaition and or frame a partnership agreement with breif history of your background ,purpose and liablities of partners and apertnership...

1. YES. It is possible to transfer all the assets & liabilities & business good will & pending /unfinished contracts etc...., BUT ONLY AFTER registering the Pvt. Ltd. Co.

2. It is not necessary that the properitory firm owner should be director in the co.

Keep Smiling .... Hemant Agarwal
VISIT: www.chshelpforum.com

Yes, you can transfer all your financial statements of the sole proprietor to the Pvt ltd co., but only upon the company incorporation.

And for that, you need not be the director of your new company.

Yes you can,,,, for which better to approach company lawyer /CA  and act accordingly