Dear Sir,
We are a partnership firm and having 4 partners. Now, we intend to merge the said firm in to our existing pvt. ltd. company. Please also note that all 4 partners are director in company.
Please advise, procedure for merger and what about stamp duty ?
Regards
Narendra
Partnership Firm Planning Merger with Private Company: Consult a Company Secretary for Procedure and Stamp Duty Guidance. A partnership firm with four partners, who are also directors in an existing private limited company, is considering merging into the company. They seek guidance on the merger procedure and stamp duty implications. The response advises consulting a Practicing Company Secretary for tailored advice due to the complexity and case-specific nature of the procedure. (AI Summary)