Company acquire
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
06 December 2011
Dear All
our public limited company is going to acquire a private limited company with employees both the company have same business I have following queries regarding this : -
a) should we merged with pvt. Ltd. Company because both have same business.?
b) how should purchase consideration with share exchanged method or net current assets method which one is best ?
c) which documents should we see of private limited company for acquiring ?
our public limited company is going to acquire a private limited company with employees both the company have same business I have following queries regarding this : -
a) should we merged with pvt. Ltd. Company because both have same business.?
b) how should purchase consideration with share exchanged method or net current assets method which one is best ?
c) which documents should we see of private limited company for acquiring ?
07 December 2011
Dear
As far as Your First query is Concerned,it depends upon you Which Company you want to Dissolve....and Which Company You want to carry on in Future....But it is Advisable to Merge the Other Company With your Company.As you already Know Provisions applicable on Public As well Pvt are Different.
Look very simple.....Share holding will be transfered to your Company and then the Other Company Will become Your Subsi and then through High Route You can Either merge it With your Company or Carry on as it is...
Second I am unable to understand What the Language you have Choosed for your Second Query.
Third See all Documents Relating to Pvt Company as Index of Charges in the ROC ,Whether any Charge is Outstanding or not....the Company has entered in to any Contract with third Parties,,,Companies Compaliance Position,,,,,Income Tax Assessment Pending,,,,,Take Indemnity Bond,,,,Declaration etc....
As far as Your First query is Concerned,it depends upon you Which Company you want to Dissolve....and Which Company You want to carry on in Future....But it is Advisable to Merge the Other Company With your Company.As you already Know Provisions applicable on Public As well Pvt are Different.
Look very simple.....Share holding will be transfered to your Company and then the Other Company Will become Your Subsi and then through High Route You can Either merge it With your Company or Carry on as it is...
Second I am unable to understand What the Language you have Choosed for your Second Query.
Third See all Documents Relating to Pvt Company as Index of Charges in the ROC ,Whether any Charge is Outstanding or not....the Company has entered in to any Contract with third Parties,,,Companies Compaliance Position,,,,,Income Tax Assessment Pending,,,,,Take Indemnity Bond,,,,Declaration etc....
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