Merger of Limited Liability Partnership and Company – An Analysis
– CA Vivek Newatia
– CS Khushboo Jain
This article highlights the proposition of a LLP or firm merging into a company a landmark judgement passed by the National Company Law Tribunal, Chennai Bench.
Reaping the benefits of a merger or acquisition is a tricky business. Outcomes are uncertain, previously unknown or unimportant facts suddenly emerge as critical, and there are many moving parts to control. The article primarily discusses on the facts of the case, the judgment along with the regulatory and tax implications.