A Ltd. and B Ltd. go into liquidation and a new company X Ltd. is formed. It is a case of:

Related MCQs

• In …..., a new company is formed to take over the business of an existing company which goes into liquidation.
• In ……………, a new company is formed to take over the business of two or more existing companies which go into liquidation
• In case of .............., one existing company takes over the business of another company and no new company is formed
• In case of .............., one existing company takes over the business of another company and no new company is formed.
• The purchase of an existing company which goes into liquidation by another existing company is known as …………..
• X Ltd takes over Y Ltd and agrees to discharge debenture holders of Y Ltd at a premium of 5%. The premium should be debited to ………
• Liquidation expenses paid by the transferee company is debited to …
• Which of the following does not involve liquidation of any company?
• Liquidation expenses paid by the transferee company are debited to ………
• Preference shareholders are legally entitled to the repayment of capital in the event of liquidation of the company.