Which section of Companies Act 2013 is applicable when company takes over the business of a prop/partnership firm and also when shares are allotted to proprietors/partners of firm for consideration other than cash?
Dear All,
A public company took over the sole proprietorship of one of its directors. There stood unsecured loans from the relatives of the director in the sole proprietorship.
My query is, whether after the takeover of the sole proprietorship by the public company the unsecured loan outstanding in the name of the relatives of the director will be treated as deposit for the public company considering that any amount received from a relative of a director in a public company shall be treated as deposit as per the deposit rules.
proprietorship
sole
takeover
urgent requirement of NBFC for takeover. Contact on 9574444418/csdipendalal@gmail.com
Dear members,
We require the process for takeover of Proprietor firm into LLP :
1) Which forms:
2) Stamp duty aspects
3) Capital gain tax
into
firm
proprietor
takeover
process
What procedure of takeover of a proprietorship firm by a pvt ltd. company? What is Compliance required for this purpose?
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Dear Member, can anyone provide me the procedure & Documents of Takeover of Partnership Firm by Private Limited Company Curtsy Thanks & Regards CS Ajay Bansal Mobile - 91-8377822861
Click here to view / answer Share it onDear Members, Is there any Circular / notification issued by the RBI regarding Valuation of Shares of an unlisted NBFC ??? An early action will be highly appreciated.
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