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Companies act

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 March 2014 Dear All,

Good Afternoon!!!

Can a private limited company transfer its shares without consideration by way of gift?

If yes, then what will be procedure need to follow to execute Gift Deed?

In this case, is it compulsory to registered Gift deed under registration act?

What will be procedure under companies act?
Thanks in anticipation.

18 March 2014 for that better appoint a lawyer for drafting appropriate gift deed in this regard.

18 March 2014 for that better appoint a lawyer for drafting appropriate gift deed in this regard.


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