Registration of property when transferred by firm to partner
This query is : Open
07 July 2016
Respected Sir/Mam,
My query is in respect to Registration of property if a firm transfer it to its Partners.
Since property is required to be registered if transferred but in case of firm as not having a separate legal entity,transfer the property to its partners whether the property so transferred is required to be registered.
Thank You
My query is in respect to Registration of property if a firm transfer it to its Partners.
Since property is required to be registered if transferred but in case of firm as not having a separate legal entity,transfer the property to its partners whether the property so transferred is required to be registered.
Thank You
07 July 2016
yes, because both are separate legal entity.
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07 July 2016
sir but In partnership firm partners are already joint owner of the property, would u pls refer any case law or any judgment or a clarification note
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