Sale of old plant and machinery

alok_pummy@yahoo.co.in (Querist) 12 May 2012 This query is : Resolved
Dear sir,

Want documents need to be prepared when a partnership firm is willing to sale out its plant and machinery. The business did not run due to some circumstances now the company wants to sale all its machinery, equipment etc to some party individual. The land on which the plant and machinery is installed belongs to some other person and company took it on rent/lease basis.

thanks

Follow Query

Report Abuse

Suhail A.Siddiqui (Expert) 12 May 2012
You can sell out these plant and machinery and get payment through cross cheque or draft and pay due VAT and give them bill/invoice with the remark Old machinery and take recipt for delivery

Deepak Nair (Expert) 12 May 2012
No agreement is required in case of sale of machineries etc.
You can quote a price and if the party is willing to buy, then you can issue an invoice for the sale of the said machinaries. Please follow the advise of Mr.Suhail Siddiqui.

Shonee Kapoor (Expert) 12 May 2012
I agree with Ld. Nair.

Regards,

Shonee Kapoor
harassed.by.498a@gmail.com

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries