acquiring shares
This query is : Resolved
Abhijit Rane
(Querist)
18 April 2011
Hi everyone,
my query is if i am purchasing whole of da shares of a private company taking over the management by appointing our directors in to the company do i need to make a sale deed if assets (land) is to be transferred in the name of the company. or is is that the assets also is transferred along with the purchase of the entire shares of the company. what is the precedure to also acquire the assets of the company along with its shares.
kindly help me in this regard.
Regards
Abhijit
my query is if i am purchasing whole of da shares of a private company taking over the management by appointing our directors in to the company do i need to make a sale deed if assets (land) is to be transferred in the name of the company. or is is that the assets also is transferred along with the purchase of the entire shares of the company. what is the precedure to also acquire the assets of the company along with its shares.
kindly help me in this regard.
Regards
Abhijit
Pravin Gupta CS
(Expert)
18 April 2011
when u already acquire all of share of a company than no need to made a sale deed ... because whn u acquire share of the company, the value of shares which u have paid already included the value of assets .....
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