sir,
we have a kharkhana(small factory).owner of this property is my father.
the trade licence is in the name of my elder brother.
but my father wanted to give this property to me.how could i will become the owner of this factory.
g-onestar. (none) 27 October 2011
sir,
we have a kharkhana(small factory).owner of this property is my father.
the trade licence is in the name of my elder brother.
but my father wanted to give this property to me.how could i will become the owner of this factory.
Adv. K.S.A.Narasimha Rao (legalquestadvisor@gmail.com ) 29 October 2011
Dear Gourav,
If the property is a self acquired i.e. land, then he can sell/gift the same to you. With regard to machinery and name of the company, it is required to get consent of your brother to change it in your name.
S.A.NARASIMHA RAO KARRI
ADVOCATE
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