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Convert Partnership to Private Limited Company

Market Price: ₹2345

World Legal India Price: ₹1452

Legal process to convert a partnership firm into a Private Limited Company under the Companies Act, 2013 for structured governance and limited liability protection.

Structure for Document:

  1. Title: Convert Partnership to Private Limited Company

  2. Description: Short description (max 30 words)

  3. Content: 150–200 word detailed explanation

  4. Process Steps (optional):

    • Obtain consent from all partners and pass conversion resolution

    • Prepare MOA, AOA, and necessary director declarations

    • File SPICe (INC-32), MOA (INC-33), and AOA (INC-34) with ROC

    • Transfer assets, liabilities, and operations to the Private Limited Company

    • Obtain certificate of incorporation and update statutory records

PDF

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Converting a partnership firm into a Private Limited Company allows the business to benefit from limited liability, separate legal identity, and better access to funding and investors. The process begins with obtaining consent from all partners and passing a resolution approving the conversion. The partners then prepare documents including a new Memorandum of Association (MOA), Articles of Association (AOA), and declarations from directors. The incorporation application is filed with the Registrar of Companies (ROC) using SPICe (INC-32) along with MOA (INC-33) and AOA (INC-34). Upon approval, the partnership’s assets, liabilities, and operations are transferred to the newly incorporated Private Limited Company. Professional guidance is recommended to ensure accurate documentation, compliance with statutory formalities, and proper record updates. Successfully converting a partnership firm into a Private Limited Company enhances business credibility, allows multiple shareholders, provides legal protection to directors, and ensures continuity of business operations under a corporate framework. The company can now enjoy legal recognition, raise equity capital, and operate under structured governance with enforceable rights.

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