Transfer of proprietorship after government job
29-Nov-2023 (In Corporate Law)
I have a sole proprietorship firm. Now, I have been selected as excise inspector. What to do next? Can I transfer the proprietorship to someone else? If yes, what is going to happen to my current transaction still in mid way?
I have perused the contents of your query. Since u have been selected as an excise officer you may transfer the sole proprietorship firm in anyone's name. You have to enter into an agreement for transfering the assets and liabilities.
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