All shareholders of a Pvt Ltd company decided to sell shares to two individual buyers,. An MoU was signed between the directors representing shareholders and buyers. Shareholders discharged share transfer forms and received payment in PDCs. Can the directors who signed the MoU change the terms of MoU and enter into a fresh agreement regarding valuation of shares after shares were transfered?
Ankit Saha
Sale consideration is to be disclosed in share transfer form. Stamp duty must have been paid accordingly. How can you now change sale consideration?
PARV & Co.
New Delhi
CA Inter
View Details
Murali and Sumeet Chartered Accountant
Bengaluru
CA Foundation
View Details
CA ANOOP P K & ASSOCIATES
Kozhikode
CA Inter
View Details
N J Suresh & Associates
Bengaluru
CA Inter
View Details
CCI
Pro
CAclubindia
