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Transactions Involving Directors - A Quick Guide

of the money that the company itself owes. Property transations What is the general rule? If a director or connected person wants to buy a property asset from the company or sell a property asset to the company, the members (that is, the owners or shareholders) of the company must agree to this at a general meeting before the transaction takes ...…

Selling property to directors of pvt. ltd. company ...

Apr 09, 2012 · Selling property to directors of pvt. ltd. company. Follow 5 Replies. Start a discussion Unanswered. Mayank ... Hence the transaction will be of a sale from the company to the director(s) but lower than the purchase value. ... I followed the communication between u and Mayank, regarding selling of the company's property. I just wanted to know ...…

Transfer of property from Ltd co to Director AccountingWEB

...you keep the company or not, there will be a sale or distribution of the property by the company to the director who is a related party. Because the director is a related party, for Capital Gains Tax purposes the sale or distribution of the property will be deemed to be a disposal at market value.…

Selling property of pvt. ltd. company

Sep 02, 2014 · 02 September 2014 It is well understood that a Pvt. Ltd. Company is a separate Legal Entity and can hold property in its own name. Now, if a Private Ltd. Co. is holding property in its name, Can a Director (who owns 1/4 share capital) sell a part of the property of the company?…

How to Sell Your Property Management Company for Maximum …

May 24, 2017 · Post-Exit Involvement for Property Management Owners. Some property management company owners will still want to contribute, even after selling the business. People who want to exit are not necessarily ready to retire. They simply want to be part of something bigger, because when you’re running a business, you feel lonely.…