"Siddhant Vishnoi is a law graduate from Hidayatullah National Law University, Raipur. He has written numerous articles and research papers on Corporate, Arbitration and Insolvency and Bankruptcy laws. "
SLUMP SALE Slump sale is a sale of an undertaking as a going concern. As per section 2(42C) of Income-tax Act 1961, ‘slump sale’ means the transfer of one or more undertakings as a result of the sale for a lump sum consideration without values being assigned to the individual assets and liabilities in such […]
