Hi,
I have recently resigned as a director from a pvt ltd company. I also have transferred my shares another shareholder. Few years back, all shareholders signed a MoU which indicates that the company is buying some land but registering them in the name of shareholders. I also have company land which is transferred from the shareholder to my name and I paid cash to him for this transfer. Land is registered in my name now, without any mention of company.
In view of MoU, who is the owner of this land ??
What is the legal validity of MoU against a registered property document ??
Please advise.
Thanks in advance
