BUsiness Transfer Agreement

As far as Contract is concerned, consideration has to be there as a very vital factor for constituting valid contract. Only few of the exceptions provided in section 25 of the Indian Contarct Act, in which, prima facie, aforesaid transaction will not fit.

However, if it is a question of refering to some earlier MOU, it depends on the facts of the case.

Stamp duty will be applicable. Also you have to check provisions of Gift Act, as no consideration is involved, which again requre attention to Income Tax.

As far as question of Compnay, even though unlisted, plz refer to MOU entered earlier which will give more clear idea, i mean to say what approval required form members and provisions of MOA & AOA etc.

one partnership firm is to be taken over by public limited company. partnership firm 's assests & liabilities to be transferred at book value . partner's capital to be converted into shares, by alloting suitable number of shares to all partners. 

Can some one give road map for this transaction / 

can someone provide model agreement for transfer of  business between partnership firm & public ltd company

Dear sir

Some one (Owner of Firm) want to transfer or sell his client in website servise to other person(Because he is going abroad) and he is also getting consideration for that what kind of deed or agreement is required to execute.

Kindly suggest me about it and also send me deed or agreement in exemple for it.

Thanks

Amit Kumar  

aiimsacademy @ yahoo.com