Dear Freinds,
Please let me know the procedure for Purchase/Acquiring Assets & laibilities of partnership by a Company, under the provisions of Companies Act 2013.
Thanks in Advannce
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Procedure for acquiring assets & laibilities of partnership
Replies (2)
Prepare Business Transfer Agreement between the firm and company and get it approved by the Board.
Acts applicable in this case are:
- Contract Act
- Sale of Goods Act
- Transfer of Property Act
- Partnership Act
- Companies Act
- Income Tax Act
- Stamp Act
Thank you sir
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