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Acquisition of the company

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(Querist)
08 May 2008 Dear Sir/Madam

Company A intends to acquire Company B (both are Indian Companies my query is regarding "legal implications on the employees of Company B subsequent to the acquisition"
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Jitender

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Jitender (Expert)
08 May 2008 employees of co. B can refuse to become the employeees of co. A & they can demand compensation. Sec 394

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