DUE DILIGENCE FOR CHANGE OF OWNERSHIP
Due Diligence For Change Of Ownership- The company may transfer the ownership and management to other company or an individual or to a group of persons or any other due to any reason. This involves the sale and/or transfer of business, transfer of trade and assets. In such a situation, it is important to conduct due diligence on that transaction. Due diligence activities during a change of ownership and management shall include such as ensuring effective transfer of assets, preserving valuable rights, avoiding third party liabilities, complying with regulatory requirements, and management of employment-related issues, etc.
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