Section 239 of CA 2013 : Section 239: Preservation Of Books And Papers Of Amalgamated Companies
CA 2013
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Explanation using Example
Imagine a scenario where Company A has recently been acquired by Company B. The acquisition process is completed, and Company B is now in the process of integrating Company A's operations into its own. As part of this integration, Company B plans to dispose of some of Company A's old accounting books and business papers that seem redundant.
However, before Company B can proceed with disposing of the...
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