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. *
CAclubindia
