slump sale
This query is : Resolved
Aarav jain
(Querist)
17 February 2011
sir.......what do u mean by slump sale?????
CA PARAS BAFNA
(Expert)
17 February 2011
Slump sale means sale of an undertaking at lump-sum price.
*
The valuation of individual assets and liabilities is not made in case of slump sale.
For Example...X ltd. is having 5 units. It want to sale its Unit A for Rs. 50.00lac.
It does not provide separate valuation of plant & machinery, building, drs, crs. etc.
Pay Rs 50.00 lacs and just buy it.
*
*
The valuation of individual assets and liabilities is not made in case of slump sale.
For Example...X ltd. is having 5 units. It want to sale its Unit A for Rs. 50.00lac.
It does not provide separate valuation of plant & machinery, building, drs, crs. etc.
Pay Rs 50.00 lacs and just buy it.
*
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