In M&A transactions, In M&A transactions, "Slum Sales" are considered to be one of the most preferred ways of carrying out a deal due to various tax and stamp duty incentives associated with it. However, the very concept of "slump sale" and the conditions to avail the taxation benefits attached to it restrict any sort of itemization or cherry picking of assets which form part of an undertaking.
Legal-Sanctity-of-Cherry-Picking-of-Assets-in-Slump-Sale-Deals-APRIL-2017
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