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Takeover of a company

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(Querist)
04 September 2010 A company has taken over another company in which only corporate shareholders are members

Is it possible that only corporate membership is there in a company


Who is required to pay the stamp duty the transferor or transfree
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Ajay Mishra

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Ajay Mishra (Expert)
06 September 2010 Dear Friend

A company can have all its shareholders as body corporate. There is no restriction for such constitution .

Regards
CS Ajay Mishra

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