Merging two company
This query is : Resolved
09 May 2012
Dear Expert,
I want to merge our sister concern company to
one company , in this case can i transfer all the debtors & Creditors to the master company ?
sister concern is a Pvt ltd
Regards,
Rajakumar.R
+91-9535866631
I want to merge our sister concern company to
one company , in this case can i transfer all the debtors & Creditors to the master company ?
sister concern is a Pvt ltd
Regards,
Rajakumar.R
+91-9535866631
chaitanya cherukuri
(Expert)
09 May 2012
Ya you can merge all the debtors and creditors after taking Court's order. the merging process is done only through Courts or Meeting should be held of Creditors to take their Consent.
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