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Corporate Law | Going Concern Buyer Cannot Be Burdened With Past Liabilities: NCLAT Delhi
NCLAT held that past and contingent liabilities cannot be foisted on a buyer after corporate debtor is sold as a going concern. The post Going Concern Buyer Cannot Be Burdened With Past Liabilities: NCLAT Delhi appeared first on TaxGuru .
Attribution
Original credit: CA Sandeep Kanoi. This digest is published with acknowledgment to TaxGuru. For the complete analysis, headnotes, and citations, please refer to the source.
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