How is allotment of share of privet limited company against land?
Anirudha mukkawar
(Querist) 28 August 2013
This query is : Resolved
Respected member, I and my father wants to register a new privet limited company for production of seed. seed company required agricultural land for production of seed. so I want to transfer my 5 acre agricultural land to company. And my father will transfer 10 acre land to company. then total property of company will 15 acre land. Against this land company will allot 33.33% share to me and 66.66% share to my father. But how to legalizes this process.
ajay sethi
(Expert) 28 August 2013
commercial query . you can afford legal fees
Guest
(Expert) 28 August 2013
Yours being a commercial query, as well as the case needing deep analaysis with reference to your documents as well as company's M&AA, you need to hire services of a local expert for apprpropriate guidnce.
Rajendra K Goyal
(Expert) 28 August 2013
Contact a local expert in the matter.
J K Agrawal
(Expert) 29 August 2013
It is possible. Please hire services of an Advocate of this field or a CA.
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