Takeover of a company


This query is : Resolved 

04 September 2010 A company has taken over another company in which only corporate shareholders are members

Is it possible that only corporate membership is there in a company


Who is required to pay the stamp duty the transferor or transfree

06 September 2010 Dear Friend

A company can have all its shareholders as body corporate. There is no restriction for such constitution .

Regards
CS Ajay Mishra


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