As Merger transactions generally involve transferring of all the assets & liabilities of Transferor Companies. This generally includes land, buildings, machinery, debtors, stock, workers, creditors, borrowings and so on.

As Demerger, Split-up, spin-off transactions generally involve transferring of assets & liabilities of Transferor Companies undertaking, on a going concern basis. This generally includes land, buildings, machinery, debtors, stock, workers, creditors, borrowings and so on.