LAWyersclubindia LCI
Login  Register
Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

slump sale + sec 297 applicability

(Querist) 22 February 2013 This query is : Resolved 
A private company wants to sell a business unit by way of slump sale to one of its group companies ( a pvt company ) in which the directors are common. Would this attract Sec 297 of Companies Act ? Would this sale be considered as sale of goods.
Report Abuse
devdatta Jadhav (Expert) 11 March 2013
will not apply as both r pvt ltd companies

Previous
Next

You need to be the querist or approved LAWyersclub expert to take part in this query .


Click here to login now



Similar Resolved Queries :



Ask Query
Unanswered Queries

Laws Laws Follow us





Browse by Category

Stay updated with latest Posts!

Course