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Transfer of ownership & formation of company

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Dear all, In a family there are 4 members and each one is a owner of one Petrol Pumps.they want to form a company where the company will take all the petrol pumps to it's name. My Query in this regard is case-1 : If ownership of petrol pumps are transferable then what will be the process ? Case-2 - If ownership of petrol pumps are non transferable then what will be the procedures ? Thanks in Advance
Replies (2)

All the four can form a Company. They all can form a company & the capital can be the petrol pumps

Thank you sir

What if the ownership of petrol pumps are non transferable as per the agreement between the let's say IOCL & the party.

Is there any way ? 

Kindly suggest. 

Thanks in advance


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