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 ?
Dear Members
Opinion required:
What are the necessary compliance for transfer of shares of a private limited company where both transferor and transferee are holding US Citizenship. Whereas the transferee, apart being US Citizen, is also resident of India Under Income Tax Act due to the number of days he stays in India.