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How to deal with debts of acquired enterprises

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How to deal with debts of acquired enterprises


        

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  • 2024-06-06 05:01:40

    Undertaken by the company after the merger or acquisition If the company has made a merger or acquisition, the debt of the original company will no longer be borne by itself, but by the company after the merger or acquisition. This can also be called debt inheritance. According to relevant laws and regulations, attention should be paid to the property of the acquired company before the acquisition. The acquired enterprise shall be dissolved and its industrial and commercial registration shall be cancelled.

    [Legal Basis]

    Article 174 of the Company Law states that when a company is merged, the creditor's rights and debts of each party to the merger shall be inherited by the surviving company or the newly established company after the merger.

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