VIKRAMADITYA DEO (LAWYERS) 27 May 2010

Section 25 Company

Dear Forum Members and fellow professionals,

I shall be highly obliged if you may please help me finding answers for the following questions:

1. How can the assets of a public charitable trust be transferred to a Company formed U/s 25 of Companies Act, and still the stamp duty be saved?

2. Whether a public charitable trust can donate a property? If yes does donation of property attract stamp duty?

3. If a registered trust is transferring assets to another registered trust, whether stamp duty can be saved?

Regards

Vikramaditya Deo

9850 325 052.

Reply Follow

vijaybhushan ( advoacte) 27 May 2010

1.convert said trust into company.

2.which type of property? Either movable property or immovable property. tranfer of property attract the stamp duties.

3.No.