WHILE agreeing with Adv. Rangee. here's a little more to understand :
1. A business can sold & transferred only by an duly stamp duty paid & registered agreement, detailing all the assets and liabilities alongwith good-will of the business.
2. All the Relevant authorities (Sales Tax, Service Tax and so on.... ) have to be duly informed.
Keep Smiling .... Hemant Agarwal
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