what are the effect of reconstruction of company
Answers
Answer:
paisa bahut jata hai
Explanation:
kachra bhe bahut hota hai
Answer:
The correct answer of this question is the old company will get put into liquidation, and shareholders will agree to take shares of equivalent value in the new company.
Explanation:
Given - The effect of reconstruction of company.
To Find - Write what are the effect of reconstruction of company.
The transfer of a firm's (or several companies') business to a new corporation is known as reconstruction in law. The old firm will be liquidated, and shareholders will agree to take shares in the new company with similar value.
Reconstruction is the rearrangement of a company's legal, operational, ownership, and other structures through the revaluation of assets and the reassessment of obligations. It refers to the transfer of a company's or a group of companies' operations to a new entity.
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