father runs a sole proprietor business now he not keeping well he wants to transfer his business to me also office & godown is in name of firm both are on tenant basis he feared after him landlord will create problem the best way to reslove both the problem is it very difficult process
You can discuss the issues with the landlord. But note that tenancy is heritable and after your father, the tenancy rights will go to you. A proprietorship firm has no legal entity like a registered firm.
If the landlord cretaes any problem, in the worst case scenario, you can approach the court for enforcement of your tenancy rights.
Rahul Dang & Associates-Chartered Accountants
Pune
CA Inter
View Details
Sri Aurobindo Gnostic Centre of Education
New Delhi
CA
View Details
Aggarwal Sarawagi and Co
New Delhi
CA
View Details
CAclubindia
