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Merger (Corporate Law)

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This query is : Open

Author : Anonymous

( Author )
04 June 2012

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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