Sale of company by way of transfer of ownership
ANAND RAVADA
(Querist) 21 August 2012
This query is : Resolved
let me clarify my query regarding sale of company by way of transfer of ownership what is procedure to be followed for that effect as per companies act.
with regards
M V Gupta
(Expert) 22 August 2012
I think u have missed the thread of your earlier query. What is the original question?
ANAND RAVADA
(Querist) 28 August 2012
Sir, My question is what is theprocedure to be followed when the management of the company wants to sell the same to others by way of transfer of shareholding.
kindly provide the procedure in detail.
with regards
Guest
(Expert) 28 August 2012
As a practising Company Secretary, as your profile says, you must have been acquainted with the procedure. But your question contradicts about your position as a practising Company Secretary, as you have posted a question in the student's category. So, you need to be true to the experts from whom you desire to ask your question, what actually you are, and why making such false presentations about yourself?
Moreover, your question is an examination type of academic question and also quite incomplete. You have also not mentioned whether the company is a limited company, subsidiary, or private limited company. You have also not mentioned the shareholding pattern by the directors and the public.
