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Transaction between two companies- capital gains

Querist : Anonymous (Querist) 30 September 2011 This query is : Resolved 
please treat this withdrawn
R.Ramachandran (Expert) 30 September 2011
I think this high stake commercial transaction and you would be advised to approach a lawyer of the Company and to take his formal views on this based on the documents - which for obvious reasons you would not be in a position to reveal here.
More over, a Public Limited Company would not be wanting in its financial strength to engage a lawyer.
Shailesh Kr. Shah (Expert) 30 September 2011
Same query answer given at:-
http://www.lawyersclubindia.com/experts/transaction-between-two-companies-CAPITAL-GAINS-235076.asp
prabhakar singh (Expert) 30 September 2011
I subscribe to the views expressed by Mr. Ramachandran.

You should and can without pain afford services of a lawyer,and that would be benevolent for you.
Guest (Expert) 01 October 2011
Company Secretary of the company was supposed to and should have advised you on the matter of such a high transaction as he is also a legal professional by nature of his job.
prabhakar singh (Expert) 01 October 2011
Thanks Dhingra Ji!
Answering this way is a necessity who are trying to exploit commercially.
Guest (Expert) 01 October 2011
Prabhakar ji,

Thanks for encouragement.
Querist : Anonymous (Querist) 01 October 2011
dear sir,
this is not an attempt to exploit commercially, but to be aware of prevalent law regards the matter, to avoid being humiliated by professionals whom we approach for redressal.
forum debates and suggestions are meant to enlighten the ignorant.if you feel contrary, all i can say is thanks for providing your view.
at times you do need to think from the client or the person on the opposite side of the table's point of view too as what is a routine matter for you is a herculean task for him.
please accept my apologies.
i am not getting clarity on subject matter from hired professionals and wanted to enlighten myself.


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