TaxTMI 
TaxTMI 
Merger of two EOUs
10 Jun 2013 
1 Reply 
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Due diligence checklist for EOU merger ensures comprehensive compliance and verification across corporate, tax and statutory approvals.
Merger of two EOUs requires a structured due diligence process verifying corporate governance (incorporation, shareholding, board and statutory registers), material contracts and related party transactions, encumbrances, financing and guarantees, and comprehensive identification of contingent liabilities including litigation, tax and customs assessments. It mandates confirmation of consents and approvals (labour, environmental, factory and industry licences), review of financial records and audit workpapers, and operational checks on assets, IP, insurance, HR, IT and commercial relationships to ensure compliance and continuity post merger. (AI Summary)
Merger of two EOUs requires a structured due diligence process verifying corporate governance (incorporation, shareholding, board and statutory registers), material contracts and related party transactions, encumbrances, financing and guarantees, and comprehensive identification of contingent liabilities including litigation, tax and customs assessments. It mandates confirmation of consents and approvals (labour, environmental, factory and industry licences), review of financial records and audit workpapers, and operational checks on assets, IP, insurance, HR, IT and commercial relationships to ensure compliance and continuity post merger. (AI Summary)
Dear Sir, Is there any checklist to be followed while carrying out merger of two EOUs. Grateful, if such checklist is shared in this forum regards P S SATYANARAYANA