Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

How to sale a private limited company.

Save Share

Join Us Follow Us Add as Source

This query is : Resolved

Report Query Ask a Query

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

CA Siddhartha Bhardwaj

CA Siddhartha Bhardwaj (Expert)

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

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now