Please Help: Acquisition of Limited company

Posted Date : 14-Jan-2012 , 03:02:22 pm | Posted By HIMANSHU SHEKHAR SINGH

Mr. A want to acquire a limited company.what are the procedure.

Category : Corporate Law | Answers : 1 | Comments : 2 | Hits : 363

Answers

Answer By: lavina bajaj

A single acquisition refers to one company buying the assets and operations of another company and absorbing what is needed while simply discarding duplicated or unnecessary pieces of the acquired business.

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Rishabh Upadhyay

15-Jan-2012 , 02:55:35 pm

Given the fact that Limited Company has an independent existence, No single person can own the same. However to gain the controlling rights Mr. A needs to buy substantial/Majority percentage of shares, and than he can decide/influence the way a company works.