How to sale a private limited company.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 January 2014
Respected CCI Experts,
How to sell private limited companies practically,
what are the practical steps to be taken to sell a private limited company.
I have balance sheet of such company.
so please suggest me the procedural aspects to be pointed.
Thanking you
How to sell private limited companies practically,
what are the practical steps to be taken to sell a private limited company.
I have balance sheet of such company.
so please suggest me the procedural aspects to be pointed.
Thanking you
02 January 2014
Just transfer the shares of the private company to the buyer. Once the shares are registered in the name of the buyer the company has been sold.
Querist : Anonymous
Querist :
Anonymous
(Querist)
02 January 2014
Thank you sir,
I heard about sale agreement. is mere transfer of share is sufficient for transferring a private limited company???
Further what are the accounting treatment in the books of purchaser and seller, and what are the points to be considered while calculating the sale consideration.
Thanks
I heard about sale agreement. is mere transfer of share is sufficient for transferring a private limited company???
Further what are the accounting treatment in the books of purchaser and seller, and what are the points to be considered while calculating the sale consideration.
Thanks
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