02-16-2005, 12:08 AM
hi n sallam ,
my qustion is ..if there is a pvt ltd company cnsist of 5 partners...with a share capital...now 1 person is purchasing tht company and he wishing to hold 100 % share(SINGLE MEMBER COMPANY)...wht will be the procedure to do sch..if it is poissable...or is there any other way to hold the 100% powers of the company...plz also tell me the legal requirments and procedures with the sections of COMPANY ORDINACE 1984.
regrads...
waiting 4 ur kind reply
bye
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
my qustion is ..if there is a pvt ltd company cnsist of 5 partners...with a share capital...now 1 person is purchasing tht company and he wishing to hold 100 % share(SINGLE MEMBER COMPANY)...wht will be the procedure to do sch..if it is poissable...or is there any other way to hold the 100% powers of the company...plz also tell me the legal requirments and procedures with the sections of COMPANY ORDINACE 1984.
regrads...
waiting 4 ur kind reply
bye
Never seek advice from a Chartered Accountant. They are trained to find problems not solutions.
