Legal Question in Business Law in India
what happens to legal pending matters in the court of law after original company is taken over by the other company in India?
Asked on 2/06/14, 1:13 am
1 Answer from Attorneys
Fca Prashant Chavan
Expert Edge LLP
06.02.2014
Dear Sir / Madam,
As a going concern, all pending litigation matters of the old company are required to be attended and resolved by the takeover company.
Regards,
Answered on 2/06/14, 4:44 am
Related Questions & Answers
-
I am starting an IT company with initial investment of 100 MILLION USD . What... Asked 2/04/14, 7:49 am in India Business Law
-
How to get your name out of Civil My name was put in the default list though it... Asked 2/03/14, 9:42 am in India Business Law
-
Hello, I have a jewellery shop and also buy old gold. Recently i have been notified... Asked 2/03/14, 7:24 am in India Business Law
-
Sir i would like to ask you that what is the security with us if some party issues a... Asked 2/02/14, 11:03 am in India Business Law
-
One of the partner in another company is it sister concern? Asked 2/02/14, 8:30 am in India Business Law