Pvt Ltd Company taking over a HUF business

Ojus chowdhari (Asst Manager) (24 Points)

10 August 2010  

Hi,

 

 

 I needed to know if a Pvt Ltd company can take over the business of HUF. To be precise what are the provisions of the law for taking over the assets and Liablities of a HUF business by a Pvt Ltd company , if at all it is possible to do so.

 

 

Regards,