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!
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