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A takeover and business transfer are strategic moves in the corporate landscape. A takeover involves one company acquiring a significant portion or control of another company’s shares or assets, often with the goal of gaining control over its operations and management. On the other hand, a business transfer refers to the sale or transfer of a specific business unit, division, or assets from one entity to another. This can include the transfer of assets, contracts, employees, and liabilities. Both takeovers and business transfers require thorough due diligence, negotiations, and legal documentation to ensure a seamless transition and compliance with regulatory requirements. They can be driven by various strategic objectives, such as expansion, consolidation, or divestment, and can significantly impact a company’s trajectory in the market.
Ronak Jhuthawat & Co key offerings also include setting up compliances, approvals from all the government departments including approvals from the Registrar of Companies, Ministry of Corporate Affairs, Reserve Bank of India (RBI), Director General of Foreign Trade (DGFT), FDI, Retail, Trading, Non-banking finance companies etc.
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