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Shareholding by partnership firm

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(Querist)
04 August 2008 A partnership firm wishes to purchase shares of a company.Whether it is possible for the partners to make invest in the name of the firm to acquire the shares of a company.Is there any sort of restriction for the company to allot shares in the name of the partnership firm.
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S.Srinivasaraghavan

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S.Srinivasaraghavan (Expert)
04 August 2008 The company will issue shares only in the names of the partners.
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