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Can shares be transferred from father in law to daughter in law
04-Oct-2023 (In Corporate Law)
Currently our company shares are held with my father in law. if there is no appreciation in the value of shares since last allocation, can my father in law transfer shares to me, his daughter in law without having to pay taxes? can this be done as inheritance/ gift?
According to the provision of company law 2013 share can be transferred as per wish of the share holder and according to the provision given in memorandum of association or article of association given.
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Adv. Bharat Pandirao Pawar
Pune | 500+ Answers
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