Transfer of immovable property

Ramakrishna Naik G (Querist) 12 June 2019 This query is : Resolved
Dear Experts,

Kindly advise on the below issue.
We have a immovable property in the name of "XYZ" company and its a proprietorship company where 'A' is the proprietor. 'A' also has another proprietorship company "MNO". now 'A' wants to change/transfer the property of "XYZ" company to his other company "MNO" or to his name.

Can anybody suggest me how to deal with the above transfer of Property?

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kavksatyanarayana (Expert) 12 June 2019
Dear querist, The property is in the name of "XYZ". So the "XYZ" company may sell the property to "MNO" company though A is the proprietor of "XYZ" company and "MNO". No stamp duty concession.

Dr J C Vashista (Expert) 13 June 2019
Admin LCI,
I find screen blocked today also.
Please clear it or remove my account.
Thanks and regards
Dr. J C Vashista, Advocate, Cell 9891152939

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