X Ltd. goes into liquidation and a new company Z Ltd. is formed to take over the business of X Ltd. It is a case of: A. Absorption B. External reconstruction C. Amalgamation. D. commencement.

X Ltd. goes into liquidation and a new company Z Ltd. is formed to take over the business of X Ltd. It is a case of:
A. Absorption
B. External reconstruction
C. Amalgamation.
D. commencement.
by

1 Answer

Answer :

B. External reconstruction
by

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