Commercial Companies Law — Article 293 — Article (293) Results of Merger
Part Seven: Conversion, Merger, Divestiture and Acquisition of Companies · Chapter Two: Merger
Merger shall entail that the merged company or companies shall cease to exist as a corporate entity and be succeeded by the merging company or the new target company in respect of all rights and obligations. The merging company shall be a legal successor of the merged Company or companies.
Interpretation and application must be checked against the official text and current version.