22 April 2010
We are a limited company and going to be merged with our holding compnay. upon merger our compnay would cease to exist. all assets, liabilities would be taken over by the trasferee company. in this connection what would be the procedure viz. surrender of RC, transfer of CENVAT, New registration etc. pls help.
23 April 2010
Once the merger becomes effective contact all the concerned dept. Provide them with a copy of the high court order and surrender your old registrations and apply for new registrations whereever required. Some departments allow transfer of registration certificates to the merged entity. This depends on the regulations as framed by the individual authorities. Like income tax will require cancellation of old company's TAN and PAN. Bank accounts will stand transferred and only name of the account will be changed.
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