can some one please clarify my following doubts:
1. A company (Name XYZ) has changed its status from a public company to a private company. and pursuant to its change of status, it has also changed its name (New name ABC). Can this be considered as reconstruction of the company? management, Board of directors, business has remained unchanged.
2. XYZ was a majority share holder of another company (name PQR). Would change in the status of the XYZ and change of its name amount to reconstruction of PQR?
please help!!
CAclubindia
