India Shrimp: Commerce Recognizes Name Change for Elque & Co.
The Commerce Department is recognizing the name change of an Indian company for the purposes of an antidumping duty order on frozen warmwater shrimp from India (A-533-840), it said in a notice of the final results of a changed circumstances…
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review. The agency confirmed its preliminary finding that Elque Ventures Private Limited (EVPL) is the successor-in-interest to Elque & Co., saying that EVPL continues to operate as the same business entity despite the corporate restructuring when Elque & Co. became part of Elque Ventures Private Limited when EVPL took over the assets of Elque & Co. under an agreement between the two entities. EVLP demonstrated that the combined company continues to operate as the same business entity, with the same board and same production facilities, as when it was Elque & Co. Commerce said that effective March 11, EVLP now inherits the AD rate assigned to Elque & Co., which is currently 3.88%. (For a summary of the preliminary results of this changed circumstances review, see 2401190047.)