Author : Anonymous
( Author ) 04 June 2012
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Firm `A` is a proprietory ship concern & Firm `B` is a Pvt ltd company ,now they want to merge to form M/s AB P Ltd ,what is the best way .(While forming new company the most important for them is ,they can show that the new company i.e. ABPL is a although new company but come out from merger of two old business houses as A & B are old companies ). This newly company ABPL has to do a new venture & had to take Credit limits from Bank ,so pl advise from banks point of view also.
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