Decoding Slump Sale: Merger Implications under Companies Act & Income Tax Act

Priyanshi Garg , Last updated: 05 February 2024 Share Follow on Google News

Slump Sale means the transfer of one or more undertakings against a lump sum consideration without values being allocated to the individual assets and liabilities. The consideration for a slump sale should be settled in lump sum only which can be in cash, exchange of shares, debentures, bonds etc

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About the Author

Priyanshi Garg

Student

As a diligent and aspiring Company Secretary student, I am committed to mastering the intricacies of corporate governance, legal compliance, and board administration. With a passion for organisational excellence and a keen eye for detail, I am developing a strong foundation in company law, regulatory frameworks, and co ... Read more

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