Question ID :
40974
REGARDING MERGER OF TWO PROPRIETORSHIP FIRMS
I have 2 Questions?
First one is :--This is CA Jyoti Mahajan, I am Proprietor of B & Associates(2017). Another firm is C & Associates(2013) (Proprietorship) with whom I want to merge my CA Firm B & Associates. What will be the constitution of merged firm C & Associates and what will we both proprietor represent mean either proprietor or partners of merged firm and what will be the date of constitution of merged firm?
Second Ques is :-- If B & Associates partnership having proprietor of C & Associates as partner and later on C & Associates merge with B & Associates then what will be the Implications and whether will get the benefit of oldest firm(2013)?And whether we should register merged firm with different name or can continue with B & Associates? and If in future C & Associates wants to demerge from B & Associates then what will be implication on B & Associates and C & Associates regarding date of constitution ?
Posted by
JYOTI MAHAJAN
on
Feb 24, 2021
Filed Under
MERGER & ACQUISITION
on merger a partnership firm will be formed. the seniority of the most senior partner will be allowed.
demerger ,we will tackle when it happens in future
Posted by
CA. VENKITARAMAN K V on
Mar 12, 2021