Takeover

MCA 566 views 2 replies

One Company having Authorised Capital 10 Lakhs....Can the Company takeover a proprietorship firm having capital 25 lakhs?? 

Replies (2)

yes '

Becoz It Is Investment 

It Had No Impect on  Share Capital.Fund Can be Raise from Reserves & Loans.

 

When a ltd. Company takeover another ltd company what have to rule regarding transfer of reserve & surplus /c?


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