Main Object Of TAKE OVER Company
To acquire and take over as a going concern with all its assets, rights in the lease hold properties and liabilities the business, being carried on under the name and style of a partnership firm engaged in the business of……………………….
To take over, purchase, acquire or to take on lease the business as a going concern of any trading firm or company engaged in the manufacture of ………………………… and allied products with all its assets and liabilities.
To acquire the goodwill of any business concern whose objects may be similar, in part or in whole, to those of the company and any land, privileges, rights, contracts, property or effects, held or used in connection therewith, and upon such purchase to undertake the liabilities of any company, association, partnership or person.
To purchase, acquire and take over as a going concern, the business carried on by partnership firm in the name and style of M/s.___________________________, together with all assets and liabilities used in connection therewith or belonging thereto for consideration either by way of allotment of shares in the Company or in cash or partly in one way and partly in other.
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