Slump exchange: No longer a grey area clutching on judicial precedents

It is not uncommon that companies undertake business restructuring for unlocking business value, facilitating future divestments/exits, increasing efficiency in business, providing higher rewards to shareholders, etc.‘Slump sale’ is one of the methods available to effect transfer of a business, division or undertaking wherein the assets and liabilities of the undertaking are transferred for a lump sum consideration, without assigning values to individual assets and liabilities of that undertakinIt is not uncommon that companies undertake business restructuring for unlocking business value, facilitating future divestments/exits, increasing efficiency in business, providing higher rewards to shareholders, etc.‘Slump sale’ is one of the methods available to effect transfer of a business, division or undertaking wherein the assets and liabilities of the undertaking are transferred for a lump sum consideration, without assigning values to individual assets and liabilities of that undertakintaxmann.com Latest ArticlesRead More

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