Decision No. 99/2004/QD-BTM of the Ministry of Trade on the merger of Ha Nam Thanh Company for General Supplies into Petec Trading, Engineering and Investment Joint Stock Company. The Decision stipulates the handover date and the responsibilities of the directors of the two companies during the merger process.
Scope of application
Director of Ha Nam Thanh Company for General Supplies and Director of Petec Trading, Engineering and Investment Joint Stock Company
Key points
- Director of Ha Nam Thanh Company for General Supplies → must hand over the status quo regarding tasks, organizational structure, labor force, capital and assets, goods, current technical facilities (land, workshops, machinery, warehouses...) and related documents to the Director of Petec Trading, Engineering and Investment Joint Stock Company.
- Director of Petec Trading, Engineering and Investment Joint Stock Company → shall take over and inherit rights and obligations, resolve ongoing issues of Ha Nam Thanh Company for General Supplies, reorganize it into a subsidiary unit of the company, arrange the use of cadres and workers to ensure stability of the unit.
- The handover date is based on the inventory settlement figures up to January 31, 2004.
- Complete the handover before March 5, 2004, and report the results to the Ministry.
- Departments under the Ministry: Finance and Accounting, Planning and Statistics, Cadre Organization have the responsibility to direct and guide units to carry out the handover and acceptance according to the regulations of the State.
🌐 Social impact of this document
- Positive impact: Simplify organization, enhance business operation efficiency.
- Negative impact: May cause instability during the transition period, affecting the interests of some workers.
❓ Frequently asked questions
When is the handover of assets and documents?
The handover date is based on the inventory settlement figures up to January 31, 2004, with the handover completed before March 5, 2004.
Who is responsible during the merger process?
The Director of Ha Nam Thanh Company for General Supplies is responsible for handing over the status quo regarding tasks, organizational structure, labor force, capital and assets. The Director of Petec Trading, Engineering and Investment Joint Stock Company is responsible for taking over and inheriting rights and obligations.
What role do Departments under the Ministry play in the merger?
Departments under the Ministry: Finance and Accounting, Planning and Statistics, Cadre Organization have the responsibility to direct and guide units to carry out the handover and acceptance according to the regulations of the State.
When does this Decision come into effect?
This Decision takes effect 15 days after its publication in the Official Gazette.
What happens to previous regulations that conflict with this Decision?
Previous regulations conflicting with this Decision are abolished.
Full text
DECISION
Regarding the merger of Ha Nam Ninh General Commodities Company
into Petec Trading, Engineering and Investment Company
_________
THE MINISTER OF TRADE
Pursuant to Decree No. 29/2004/NĐ-CP dated January 16, 2004 of the Government stipulating the functions, tasks, powers, and organizational structure of the Ministry of Trade;
Pursuant to Decree No. 50/CP dated August 28, 1996 of the Government on the establishment, restructuring, dissolution, and bankruptcy of state-owned enterprises, and Decree No. 38/CP dated April 28, 1997 of the Government amending and supplementing certain provisions of Decree No. 50/CP;No. Pursuant to Document No. 341/VPCP-ĐMDN dated January 19, 2004 of the Office of the Government regarding the merger of state-owned enterprises under the Ministry of Trade;
Considering the proposal of the Director of Petec Trading, Engineering and Investment Company at Document No. 10958/PTC-TCCB dated October 20, 2003, and the Director of Ha Nam Ninh General Commodities Company at Document No. 135/TT-TCCB dated November 1, 2003;
Merge Ha Nam Ninh General Commodities Company into Petec Trading, Engineering and Investment Company.
At the proposal of the Director of the Cadre and Civil Servant Department,
Pursuant to …;
Article 1. The Director of Ha Nam Ninh General Commodities Company shall be responsible for transferring the current status of tasks, organizational structure, labor force, capital, assets, goods, technical facilities (land, workshops, machinery, warehouses...), and related documents to the Director of Petec Trading, Engineering and Investment Company.
Article 2. The Director of Petec Trading, Engineering and Investment Company shall be responsible for receiving and succeeding to the rights and obligations of Ha Nam Ninh General Commodities Company, continuing to resolve related issues, reorganizing the company into a subordinate unit, and arranging the use of cadres and workers to ensure stability.
- The transfer date shall be based on the inventory settlement figures up to January 31, 2004.
- Complete the transfer before March 5, 2004, and report the results to the Ministry.
The Heads of Departments under the Ministry: Finance and Accounting, Planning and Statistics, Organization and Cadre Management shall be responsible for guiding and supervising the units mentioned in Article 1 to carry out the transfer and receipt according to the regulations of the State.
Article 3. This Decision shall take effect 15 days from the date of publication in the Official Gazette, and all previous provisions contrary to this Decision shall be abolished.
Article 4. The Heads of the Ministry's Office, Department Heads of the Departments: Organization and Cadre Management, Finance and Accounting, Planning and Statistics, Heads of Departments and Committees under the Ministry, the Director of Petec Trading, Engineering and Investment Company, and the Director of Ha Nam Ninh General Commodities Company are responsible for implementing this Decision./.
Article 5. The Heads of the Ministry’s Office, Directors of the Departments: Organization and Cadres, Finance and Accounting, Planning and Statistics, Heads of Departments and Committees under the Ministry, Director of the Petec Trading and Investment Technology Company, and Director of the North Central Comprehensive Material Supply Company are responsible for implementing this Decision./.
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DEPUTY MINISTER |
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(Signed) |
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Do Nhu Dinh |
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