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Shareholding by partnership firm

This query is : Resolved 

04 August 2008 A partnership firm wishes to purchase shares of a company.Whether it is possible for the partners to make invest in the name of the firm to acquire the shares of a company.Is there any sort of restriction for the company to allot shares in the name of the partnership firm.

04 August 2008 The company will issue shares only in the names of the partners.



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