Legal Question in Business Law in India

04.02.2013

Dear Sir / Madam,

(Pincode does not exist)

Q. Someone has taken over my Company and I want to negotiate with the rival Company's CEO, but I didn't get any sort of notice or any warning before hand. What should I do now ?

A. The Company that takes over your Company acquires all the assets and liabilities of your Company by settlement of the purchase consideration including the present value of Goodwill of your Company. It surprises me how can the takeover happen without your knowledge, when you are the owner of your Company. There is something amiss here.

Please mail me further details at [email protected]

Regards,

FCA Prashant Chavan

Mumbai

You have not mentioned about the structure of your company ? Is it a pvt ltd company ? Your message raises lot questions to be answer by you to get legal advice..........Please check Sanjay Kalra and Associates on the internet to know more about your query and the legal services we are rendering for our clients from all over the World.

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