27 April 2012
A company wants to acquire other company including all their assets and lliabilities. Assets include fixed and movable assets, land, building etc. Thus, can we include the transfer of assets/property in the business transfer agreement (BTA)?? OR whether a seperate deed is required for that transfer?? If BTA is enough, then how the court fee will be calculated? Please advise me on this.
27 April 2012
The BTA is sufficient for covering the whole deal. But to transfer the immoveable assets a registered deed of transfer is must otherwise the transfer would be incomplete.