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Selling inherited shares in a Private Limited Company

AnonymousLLB 17 Sept 2015, 08:11

My father has four children and a wife. He wants to make sure that his inherited (from his father) shares in a private limited company goes to two of his children and not to the wife and the remaining two children.

Can he legally sell these shares (Majority shares) in a private limited company to his two daughters during his life time?

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