LCI Learning
Master the Basics of Legal Drafting in All Courts. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

transfer of proprietor ship business

Querist : Anonymous (Querist) 01 May 2011 This query is : Resolved 
I aunty have her own family (Son& Husband). But she wants to transfer her proprietor ship business to my name .I want to know what are the formalities she has to follow to do the same?
DEFENSE ADVOCATE.-firmaction@g (Expert) 01 May 2011
You can buy it or enter in partnership and she will retire thereafter.
Devajyoti Barman (Expert) 01 May 2011
She can do so by executing a deed of gift which unlike partnership does away with any future complications/disputes.
Guest (Expert) 01 May 2011
Gift deed will be better.
Guest (Expert) 07 May 2011
Yes, i agree with the experts , Gift deed is better.


You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :