Repayment to the Merged Company
Pursuant to Clause 1, Article 195 of the 2014 Law on Enterprises, it is stipulated:
One or several companies (hereinafter referred to as the merged company) may merge into another company (hereinafter referred to as the merging company) by transferring all assets, rights, obligations, and legitimate interests to the merging company, and simultaneously terminating the existence of the merged company.
Thus, after Company A is merged into Company B, all assets, rights, obligations, and legitimate interests of Company A are transferred to Company B. Therefore, in this case, your company is obligated to repay the debt to Company B.
Respectfully!
Report form on implementation of the business plan of the state-owned enterprise in Vietnam
Conditional business lines and business investment conditions in Vietnam
What are steps for registering a business online in Vietnam by using a digital signature?
What are the responsibilities and rights of cooperative funds in Vietnam?
What are the regulations on the Charter on organization and operation of the central cooperative fund in Vietnam?
Vietnam: Information periodically disclosed by state-owned enterprises
Procedures for notification of change of branch office location in Vietnam
What are the conditions for a public company to make private placement at lower prices than face value in Vietnam?
Vietnam: May the minutes of the General Meeting of Shareholders be made in English?
Vietnam: Is it required to retain the application form for joining a cooperative?
