M&A Critique

From Holding to Operating: The Strategic Conversion of Promoter Assets into Direct Equity

This Scheme is presented under Sections 230 to 232 and other applicable provisions of the Act for the amalgamation of the Transferor Company with the Transferee Company with effect from the Appointed Date in accordance with Section 2(1B) and other applicable provisions of the IT Act and consequent dissolution of the Transferor Company without being wound up, and the issuance of shares of the Transferee Company to the shareholders of the Transferor Company.

Haresh Shah

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