SAROJA (student) (72 Points)
03 September 2016Dear Freinds,
Please let me know the procedure for Purchase/Acquiring Assets & laibilities of partnership by a Company, under the provisions of Companies Act 2013.
Thanks in Advannce
P C Agrawal
(Registered independent director Past Chairman of Aurangabad Chapter of ICSI Practicing Company Secretary at Aurangabad)
(8229 Points)
Replied 04 September 2016
Prepare Business Transfer Agreement between the firm and company and get it approved by the Board.
Acts applicable in this case are:
- Contract Act
- Sale of Goods Act
- Transfer of Property Act
- Partnership Act
- Companies Act
- Income Tax Act
- Stamp Act
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