Is business i.e a private limited firm and a public enterprises a inheritable asset by a son or d ??
raghav
(Querist) 27 June 2012
This query is : Resolved
is business i.e a PRIVATE LIMITED FIRM and a public enterprises a inheritable asset by a son or daughter or
is it so that inheritance of business is only possible if the business is a joint hindu family firm .
we are leaving the scope of family inheritance of properties out via will or inheritance but are inclding only business and the office and commercial properties of business aswell as inheritance of rights in managment even though there is a clause or shar of another family member of 25% in the both types of business mentioned above.please elaborate and tell me.i shall be obliged to hear from you.
Suhail A.Siddiqui
(Expert) 02 July 2012
PVT.LTD COMPANY'S SHARE ARE INHERITABLE IN CONSEQUENCIAL EFFECT ARE ALSO THERE
