Need To Transfer Sole Proprietorship

Asked in Business

  • Ameer Khan

    Delhi

Expert's Answers(4)

  • Advocate Anik

    Bengaluru, Karnataka
      66 Client Ratings

    Dear client since the sole proprietorship is self acquired property of your mother she has full right to create a well and transfer its ownership or inheritance to you. However it is suggested that you get non objection certificate from your siblings so that no future claim can be raised on that transaction

    April 6, 2024
  • xxxxx cxxxxx

    Bengaluru, Karnataka
      184 Client Ratings

    Dear Madam, It is a condition precedent that you three sisters get marry before you get partnership firm of your mother. Better you wait till she demise or oblige her conditions.

    April 5, 2024
  • Adv.kuntal Ghosh

    Agartala, Tripura
     

    Your mother can transfer the sole proprietorship firm to you through a legal process known as succession or inheritance, subject to compliance with relevant laws and regulations regarding contact a lawyer

    April 3, 2024
  • Adv M. K. Singh

    Lucknow, Uttar Pradesh
      4 Client Ratings

    Transfer can take place. Anything more you need to know, you are welcome to approach. Thanks.

    March 29, 2024