Regarding transfer to net worth
This query is : Resolved
akshay maloo
(Querist)
23 June 2022
Hello, my client's father is no more and my client is continuing his business in his own name. Can my client merge his father's balance sheet in his name. Is there any legal process. My client has a sister and mother. Is there any rewuirement for taking consent from Sister and mother?
08 July 2022
Either they can continue the business under father's HUF.
Or make settlement deed for the partition of the property & continue business in son's name.
Or make settlement deed for the partition of the property & continue business in son's name.
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