Question ID :
42314
DEMERGER OF CA FIRM
A firm by name A & Co., (1year old) was merged with B & Co (15 years old), around 6 years ago. Now A & Co want to exit from the merger and get merged with another firm C &Co.,(3 years old).
When A & Co is getting merged with C & Co., whether the new merged firm will have seniority of 6 years of A & Co.,
Posted by
ASHWIN
on
Jun 21, 2022
Filed Under
COUNCIL DECISION
Answer ID :
83562
For that C& Company has to merged with A & Company.
Posted by
CA. JHA SHANKAR KUMAR on
Aug 01, 2022
Answer ID :
83659
there is no A & co after 5 years of merger
Posted by
t sankar on
Aug 27, 2022