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Q. > Please Help: Transfer of land to pvt ltd company
Pl clarify whether it is practically possible to tranfer lands to newly formed pvt ltd company. Pl guide the procedure.
2 Answers
answered Jul 24, 2011 by CA VIKAS JAIN , DELHI
please clearly ask what you want to do
answered Jul 02, 2012 by Vikash Kumar Jha , Cuttack
Yes, property can transfer whethe new or old there is no restriction like to the extent of my knowledge
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Comments
CA.Vipin Chawla
24-Jul-2011 , 07:58:21 pmClient wants to transfer his land into company and thereafter transfer in the form of shares.Pl guide the way forward.
Mukesh Goyal, Chartered Accountant
24-Jul-2011 , 09:00:04 pmHello Mr Vipin The company can hold the property, so anybody can sell the property to the Company.
CA VIPIN GARG
25-Jul-2011 , 10:18:59 amYes Mr. Chawla, there is no restrictions in that, you can easily transfer/sale the land to the Pvt. Ltd. Company........
CA Rajnish
25-Jul-2011 , 06:53:16 pmDear Vipin,My all friends rightly said here,a company has its own identity and sale/purchase any thing under its articles of association.