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Triloknath l pandey Adv. (Legal Officer.)     06 November 2012

Company law.

whether on conversion of private limited company into public limited company the land which was taken on lease by private limited company on conversion to public limited company will attract transfer fees. On the ground that company remains the same only three shareholders has been added just to fulfill crietaria of forming public limited company. Moreover, there is no change in the management of the company. Whether still transfer fee will attract. Want justification with citiation of apex court.


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