takeover
This query is : Resolved
26 April 2010
A private limited company wants to takeover another private limited company, section 395 will be applicable.. is there any need of filing Form 35 A by the transferor company and is there any other compliance apart from section 395
Guest
Guest
(Expert)
27 April 2010
Section 395 is not applicable. Moreover no need for other formalities.
Just do 2 steps
(1) Transfer the share
(2) Retire exisitng director and appoint new director of ur own
Just do 2 steps
(1) Transfer the share
(2) Retire exisitng director and appoint new director of ur own
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