Mode of transfer of property in takeover of prop. firm

Querist : Anonymous (Querist) 04 November 2019 This query is : Resolved
Please tell me if a proprietorship firm and its business has been taken over by a private limited company, how the immovable property of the proprietorship firm will be transferred to the company and is there any provision under the Companies Act which relive the company to get the property transferred in its name through execution of transfer/sale deed and to save it from payment of stamp duty?

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