28 November 2014
Our Company is going to transfer his business to Foreign company by slump sale. We have 10 Customs bond pending which has not cancelled. We already received EODC from DGFT & applied for Bond cancellation but till date it has not cancelled. So, is there required for us to take approval from Custom before transferring the business ? Do we require to apply for change of name of company in Bond ? Please guide me what is the procedure require to follow.