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+--- Thread: changing NTN from partnership to sole proprietor (/thread-changing-ntn-from-partnership-to-sole-proprietor)
changing NTN from partnership to sole proprietor - Mithay-Chawal - 01-12-2011
Helloo
2 years back, i made a company with 2 of my friends and registered NTN. Then company didnt work and we closed it.
A few days before I was searching my old documents and I found those ntn certificates.
Company never worked, so no income was generated, and therefore never paid tax or filled any document.
Question 01 should i cancel ntn number? or submit some kind of document to show that company never worked?
I'm planning to start that work again, alone, other 2 friends are not with me now. I see the NTN certificate of company name has category AOP
I dont know what AOP means?
Question 02 Can I use the same certificate and start the business again?
Or should i change ntn and get it registered on my name only? or some category need to change? or something elese?
I would appreciate if some one can reply me in detail and the procedure how can I can make such changes.
Cheerz )