In Internal Reconstruction
a) No company is liquidated b) Only one company goes into liquidation
c) two or more companies are liquidated d) One or more companies go into liquidation
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In internal reconstruction, the capital of the company is reduced, and external liabilities such as debenture holders and creditors waive their claims by giving a discount. ... Unlike, external reconstruction, assets, and liabilities of the old company are transferred to the new company.
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Answer:
No company is liquidated
Explanation:
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