Please tell the Procedure to transfer land belonging to directors to company.
Company don't want to take it on lease from directors
any other option available to make company the legal owner of land to make financial position of company stronger ??
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How to Transfer land to company
Replies (7)
In such case except outright sale/purchase there is no any other allternative in my view.In this transacation you will have to follow provision of the Companies Act 2013 applicable to the Interesed Director.
Yeah I agree with your viewpoint. Should company take that land on lease from directors for showing it as leased asset to strengthen its asset position?
Yeah, that can be but, in such case also applicable provisions of Companies Act 2013 needs to be complied with.
Lease can be for long period say 3,5,6 or year or more.For Shorter period say for one year you can take on leave & licence in other word licence to use the land as per the condition of the leave & licence agtreement subject to Companies Act 2013 compliance.
Ok. Thankyou to all
There is a way....for more information call me...I can transfer your individual's land capital to company
hi how to contact your mobile is not mentioned there,i am dealing with same issue,anyone with solution plz reach me out at 8,6 triple nine,8,6 triple three.
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