i wish to know if the immovable property received on voluntary liquidation of private limited company by order of liquidator and approved by N.C.L.T REQUIRES PAYMENT OF STAMP DUTY & REGISTRATION UNDER TRANSFER OF PROPERTY ACT.PLEASE ENLIGHTEN.
Our Company will market new product which will be manufactured by Other Entity:
Scope of Another Entity: 1. Manufacturing 2. Packing 3. Transportation to our place
For Guidance: in case any formalities to be carried out from legal point of view.
We have a proposal to rent a house to a Singapore based Partnership company, where one of the partners is an NRI.
1. Is it allowed to give residential house on rent, to a foreign company
2. What are the legal formalities or tax implications for both the lessor and lessee
Look forward to advise .