Transfer of asset - secretarial compliance

Vasupradha S (Qualified CMA)     20 September 2016

Vasupradha S
Qualified CMA 
 2 likes  39 points

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please let me know the secretarial compliances to be checked for transfer of asset ( machinery ) from a private company ( 100  % subsidiary ) to  LLP ( having sharecapital held by the holding company and director of subsidiary). 

Holding Company s a foreign company, not a body corparate under Companies Act 2013.

The asset is transferred from private company to LLP ( Plating company) through agreement. and consideration is to plate the components of the private company only and not any other material for a period of 60 months.

Transfer made on April of this year.

The sections to be checked for the same under New Companies Act 2013






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