Sale of land
This query is : Resolved
harsh jain
(Querist)
17 March 2013
Hello experts,
Can a private company sell its land( being an asset) through selling its 100% shares to a proprietorship concern( two or more members).
please tell me the consequences for both the assesses. or is there any violation under any act ?
Can a private company sell its land( being an asset) through selling its 100% shares to a proprietorship concern( two or more members).
please tell me the consequences for both the assesses. or is there any violation under any act ?
18 March 2013
private company needs two members. it cannot sell 100% shares to proprietorship concern.
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