Dear Sir,
We are going to purchase the entire movable assests like machinery, scrap, electrical etc., along with the buildings to be demolished from a Mumbai party who claims to be the owner of the factory which was closed 3 years back. kindly guide me what are the documents, clearances required from the seller. we have already asked him to furnish, Bank clearance, Electricity clearance, Income and sales tax clearance and labour clearance. Other than these what are the other things to be carefull about the deal. Kindly help us.
Thanking you in anticipation of an early response.
Mukhtar
Bangalore.