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Question ID : 42275

Slump Sale / Biz Transfer agreeement - Stamp paper & registration fees

A business transfer agreement (also known as Slump sale Agreement) - For transfer of all assets and liabilities FROM a Sole Proprietorship TO a Partnership ON A GOING CONCERN BASIS (that is continuing running the business). The Sole Proprietorship business contains only Capital and Machinery of Just Rs 20 Lakhs. Nothing else. Question 1 - Whether this agreement is liable to pay stamp duty and registration fees? Question 2 - If yes, Under which Serial No of Indian Stamp Act. Question 3 - If What is the Stamp paper value and what is the registration fees in KERALA?

posted by Sivaraman A.R. on May 9 2022 12:00AM

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