Sell of a Foundation registered under Section 25 of the Companies Act
Surya Prakash Loonker
From: Manab Chakraborty [mailto:man...@gmail.com]
Sent: Tuesday, July 09, 2013 8:50 AM
To: Surya Prakash Loonker
Subject: Sell of a Foundation registered under Section 25 of the Companies Act
Dear Surya,
I wish to sell through management takeover Go Jivika Foundation, a Delhi based section 25 company duly registered on 22/9/2011 under the Companies Act, 1956, Registration No. 22 5366, CIN no. U74900DL2011NPL225366. The paid up shares of the Company is Rs. 20 entirely owned by me. The company has duly audited financial statement for the last 3 years (latest audit statement enclosed).
There are no disputes or pending compliance issue with the company. The price for the takeover is Rs. 30,000 only.
I am enclosing latest audited statement of the company.
Go Dairy is eligible for applying to get income tax exemption under various provisions of Income Tax Act and also register to receive foreign contribution.
The foundation has not been active, hence the need to sell. The buyer will have the advantage of starting activities from day one without the cost and time lag involved in registration of a new company.
Please help me by introducing my offer to likeminded individuals and organisations.