Hi everyone!
If one wants to transfer a business to another entity(only a business, not the company. eg GharPay transferring it’s GharPay business, but not the company itself), does it require an approval from all share holders, even if they are not Directors in the company?
Rishi
Amit – I’d say it’s best to talk to some expert (there could be potential legal, accounting, and tax implications) depending on how/where the entities are setup. Most people do a free first consultation. I know there are few people on #trhs, may be Asha can help you connect with them directly.
asha chaudhry
did i hear my name??
🙂
pinging rahul dev & ramanuj. waise the vakilsearch dudes are rodinhooders as well 🙂
Ramanuj Mukherjee
Transferring of a business is a very important decision and in most cases, your shareholders agreement or Articles of Association will have clauses that require shareholders consent, sometimes even minority shareholders consent (especially if you have investors). Have you checked those documents to see if there is any such restriction?