In compromises and arrangement, where the transferor company is a listed company and the transferee company is an unlisted company, after merging does transferee company automatically become the listed company ?
Application can be Withdrawal Of Merger Application once Filed With HonBle National Company Law Tribunal With Regard To Amalgamation ?Click here to view / answer Share it on
I am a Practicing Company Secretary. I provide advisory for mergers, amalgamations, capital reduction, buyback of shares, slump sale agreements etc. I also carry out these assignments in NCLT, Chandigarh Bench
Can anyone please guide me stamp duty on transfer of assets in case of amalgamation of companies situated in Gujarat.
Valuation report has to be obtained from a registered value. The report has to be obtained for both the companies or a combined report has to be obtained for shares and assets?
How we can get the name of a company with which a particular company (whose name, we know) has amalgamated?Click here to view / answer Share it on
What are the provisions for facilitating reconstruction or amalgamation of
Limited Liability Partnerships?
In case of fast track mergers u/s 233 of companies act, 2013 can the meeting of creditors be dispensed off by obtaining approval of the scheme by way of an affidavit by 90% of the value of creditors??
My doubt is Section 230(9) speaks about the dispense of creditors meeting. But section 233 of companies act, 2013 starts with Non obstance clause which is "Notwithstanding the provisions of section 230 and section 232". So can we take reference of section 230(9) for dispensing of creditors meeting in case of fast track mergers u/s 233 of Companies Act, 2013.
Dear Professional colleagues,
has any one of you done Merger/amalgamation of Producer Companies?
need clarity regarding method of Merger/amalgamation.
Pls suggest, method of merger, whether it is to be carried under fast tack merger mode or NCLT mode.
will you share section of CA Act 2013 where it is written that high court order of scheme of amalgamation need to attach to AOA of Amalgamated Company.
Kindly share the reference.
The Scheme of Amalgamation under Section 230-232 of CA was presented before NCLT and NCLT had passed an order for NCLT convened meetings and it was held during last week. The Chairpersons have yet to file their reports to NCLT.
Now they have found out a clerical mistake has been noticed as "the Appointed Date is April 1, 2019, or such other date as may be approved by the Tribunal" instead of as " April 1, 2018".
I want your guidance on how to correct the date as April 1, 2018. Whether a Memorandum of Application can be filed before the NCLT informing about the clerical/typographical mistake has crept in and requesting the NCLT to consider the correction be made in the Scheme of Amalgamation.
Curtsy- Anirudha Bhat
What is the rate of stamp duty payable on merger/amalgamation in Haryana state? Also whether the order passed by NCLT involves any cost or without cost? Curtsy: Amar KumarClick here to view / answer Share it on
Please explain the difference between merger and amalgamation with the help of an illustration.Click here to view / answer Share it on
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