A Co. Ltd. has business loss and unabsorbed depreciation of ₹ 10 Crore. B Co. Ltd is a profit-making company. B Co. Ltd. wanted to acquire A Co. Ltd. with the benefit of set-off of brought forward loss and unabsorbed depreciation. The legally permissible method is:

  1. Home

Question:A Co. Ltd. has business loss and unabsorbed depreciation of ₹ 10 Crore. B Co. Ltd is a profit-making company. B Co. Ltd. wanted to acquire A Co. Ltd. with the benefit of set-off of brought forward loss and unabsorbed depreciation. The legally permissible method is:

1.Reverse merger

2.Outright purchase

3.Slump sale of A Co. Ltd.

4. Converting A Co. Ltd. into a subsidiary of B. Co. Ltd.

Posted by R4R Team
  1. A Co. Ltd. has business loss and unabsorbed depreciation of ₹ 10 Crore. B Co. Ltd is a profit-making company. B Co. Ltd. wanted to acquire A Co. Ltd. with the benefit of set-off of brought forward loss and unabsorbed depreciation. The legally permissible method is:
Search
R4R Team
R4Rin Top Tutorials are Core Java,Hibernate ,Spring,Sturts.The content on R4R.in website is done by expert team not only with the help of books but along with the strong professional knowledge in all context like coding,designing, marketing,etc!