Assignment of Shares
This query is : Open
02 June 2011
Dear All,
Is there any concept called Assignment of Shares in Indian Law/Provisions and what is the purpose of it. Is there any need to draft a Assignment Deed to give effect to the same?
Can anyone throw some light of the subject matter.
Thanking You in advance.
Regards,
Kirti
Is there any concept called Assignment of Shares in Indian Law/Provisions and what is the purpose of it. Is there any need to draft a Assignment Deed to give effect to the same?
Can anyone throw some light of the subject matter.
Thanking You in advance.
Regards,
Kirti
02 June 2011
Yes there is provision of Assignment of share. The purpose may be anything suppose you have a loan, you are not able to pay than you can pay the loan by assignment of share if any you have or you can also gift any one .There should be a deed to give effect assignment.
03 June 2011
Thanks Bijoy for the clarification.
But if you don't mind can you tell me which act/provision speaks about assignment of shares and if possible at your end can you provide me a draft format of the deed for the same.
Regards,
Kirti
But if you don't mind can you tell me which act/provision speaks about assignment of shares and if possible at your end can you provide me a draft format of the deed for the same.
Regards,
Kirti
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG Tax On residential property
- Post Office RD Interest
- Applicable TDS for Purchase of Flat from NRI
- Eway bill for machinery reparing
- Building and other construction workers welfare cess act 1996
- Gift of mutual fund units to daughter
- Bank Accounts in Balance Sheet for ITR 3
- ITR 3 FILING OF AN INDIVIDUAL (PARTNER IN A PARTNERSHIP fIRM)
- Reporting of STCG on Property in ITR
- NRI ITR2 account in 2025-26 ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,.
- Claiming exemption of perquisite for employee-owned car under New Tax Regime in ITR-2
- Delisted shares sold in off market/ Rebate u/s87A
- In Exports Sales HSN details where to fill
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- Difference in tax comparison report
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
