Transfer of ownership
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
13 October 2011
proprietor of M/s. ABC tradings, Mr.A wants to retain the same name of business concern and transfer the ownership to his son Mr.B. henceforth business shall be looked after by Mr.B and he shall get the earnings
can this be done?
what are procedures invoved?
can this be done?
what are procedures invoved?
13 October 2011
yes, it can be done.
By will or regitry. it can be done.
By will or regitry. it can be done.
03 October 2021
If you want to retain its earning, then the the business can be given on rent to son.
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