Question ID :
39334
CA Firm Merger
One of 20 Year Old Proprietary CA firm want to merger with 4 Yr Old CA partnership firm.
what will we date of incorporation if CA Partnership firm name continue as it is. will partnership firm get benefit of older date of incorporation of proprietor firm.
Posted by
Vijay garg
on
Aug 06, 2019
Filed Under
MERGER & ACQUISITION
Answer ID :
79100
Two options,
Option 1: 4 years old firm merged in 20 years old and then enter into an partnership Agreement.
Option 2: Convert Prop. firm with 20yrs standing in Partnership.
In both circumstances, standing of firm will not impact.
Thanks
Posted by
ANKIT AGGARWAL on
Aug 08, 2019