• Credential transfer

My firm name is Sid Electrical sales and service(A) which is proprietorship And my son's firm name is Sid power transmission company(B) which is also proprietorship.
How can I get transferred experience of (A) to (B) for goverment contract work?
Asked 8 years ago in Property Law
Religion: Hindu

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7 Answers

This transfer of work can not be done, your experience will be calculated from the date of registration of proprietorship firm.

Regards

Anilesh Tewari
Advocate, New Delhi
18103 Answers
377 Consultations

1. Since both the firms are owned by two different individuals then technically recommendation of one for the another is permissible.

2.However due to close relationship between the owners of the two firms the government may consider sch recommendation with suspicion .

3.So in any event use the same without fear.

Devajyoti Barman
Advocate, Kolkata
23653 Answers
537 Consultations

1) your son proprietorship can take over the business of the assessee as a running business together with all the assets and liabilities of that business.

Ajay Sethi
Advocate, Mumbai
99775 Answers
8145 Consultations

Both are different firms and thier credentials cannot be transferred

Hemant Chaudhary
Advocate, Gurgaon
4632 Answers
67 Consultations

Knowledge transfer refers to sharing or disseminating of knowledge and providing inputs to problem solving.Knowledge transfer is the practical problem of transferring knowledge from one part of the organization to another The paper illustrates the effects of focusing on acquisition, rather than accessing supplier technological knowledge. The paper shows that an overt learning strategy can be detrimental to knowledge transfer between buyer-supplier, as suppliers react by restricting the flow of information. Organisations are encouraged to consider this dynamic when engaging in multi-organisational.

You have to entered in to an MOU for transfer of experience or support of A firm to B. Every government department issues tender for particular work which needs to be done. These tender have some eligibility criteria which you need to fulfill.

Ajay N S
Advocate, Ernakulam
4124 Answers
114 Consultations

That could only be done by the merger of these two enterprises. You may formally takeover enterprise B so that your son starts sharing the same credentials as yours.

Vibhanshu Srivastava
Advocate, Lucknow
9763 Answers
323 Consultations

You can show your son's company as a sister concern company and for that matter the relationship between two proprietors also can be made open so that the term sister concern will be more effective. By this you may try to take shelter for the experience issue.

T Kalaiselvan
Advocate, Vellore
89977 Answers
2492 Consultations

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