""The Transferor Company must take over all the assets and all the liabilities of the transferor company.""
The artice inside prima facie lacks quality and validation.
No real Quality. Please work hard to be a good person rather than just copying and pasting and claiming self as Mr. perfect.
People like you who boast of self without apparent level of quality that a good human should posess bring dis-repute to our profession.
Wish you could be found by Raghu and Rajeev of Roadies.