Dear All
Please let me know the takeover of company rules how to transfer assets and liabilities in transferor company. Suppose ABC Co. have following assets and liabilities and now BPL is going to takeover of ABC Co. than what amount will BPL pay to ABC Co for takeover. because assets = liabilities?
Could you please tell me any method for calculation
Share Capital – 6000 Fixed Assets – 5000
Loans & Liability – 1500 Current Assets - 8000
Current Liability – 5500
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13000.00 13000.00
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CAclubindia
