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