Change the name of proprietor
RAKESH KUMAR SINGH
(Querist) 04 November 2014
This query is : Resolved
Dear sir,
I want to change the name of proprietor of my firm and its to be done on the name of my brother and change in the address also.
my firm registered in Varanasi district and i want to replace It to Mau district.
please tell the law about that.
Devajyoti Barman
(Expert) 04 November 2014
Is it a partnership firm or a proprietorship?
If not proprietorship then the business is needed to be transferred in the name of new proprietor.
RAKESH KUMAR SINGH
(Querist) 04 November 2014
sir it is a proprietorship its the name on the A person and i want to be transferred to on the name of B person. Iam the proprietor of firm and i want to transferred it to my brother.
cause is its registered firm in RAILWAY and a good credential and now iam going abroad.
Dr J C Vashista
(Expert) 05 November 2014
Is it a registered proprietorship firm? If so, get it transferred under the provisions of Shops & Establishment Act or the Act under which the firm was registered.
Notify the transfer of owner,through wide publication, especially to Railways where you are maintaining good connections, credentials and goodwill.
Devajyoti Barman
(Expert) 05 November 2014
Then you have to do so through a deed of gift which need not be registered unless any immovable property is also going to be passed to the new owner.
Devajyoti Barman
(Expert) 05 November 2014
Then you have to do so through a deed of gift which need not be registered unless any immovable property is also going to be passed to the new owner.
Rajendra K Goyal
(Expert) 05 November 2014
If the transfer is to be made for consideration, proper agreement can be executed.
or New firm at Mau district be registered and assets of old firm be transferred / gifted to new firm. Licenses should be transferred accordingly.
ajay sethi
(Expert) 05 November 2014
contact a local lawyer . approach local ward wherein licence has been granted to you under shops and establishment act . request for change in name of the proprietor
T. Kalaiselvan, Advocate
(Expert) 07 November 2014
Agreed wit experts, for further issues, a local consultant may be contacted who will be able to guide you further.
