Legal Question in Business Law in India

Re: Business Law

A gift deed may attract less stamp duty, hence that would be a preferred way. In case NSC are also to be transferred, there are seperate provision for transfer of stocks.

Re: Business Law

pros and cons depends on person to person and conditions to conditions so its not possible to give vague answer.

sale deed is better as its give undisputed legal title to the buyer.

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Re: Business Law

There are normally no pros and cons as such, but sale deed is more preferred as in future there are negligable chance of conflict. In gift also there is no problem, but sale deed is more safer for future.

It is required to be know If NSC was purchased for business or for person gain. If it is shown in assets of business then it goes with the business unless specifically provided in sale agreement.