Amalgamation

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karan

karan (Querist)
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15 July 2013 Can a Foreign Co. amalgamate with an Indian Co. under Companies asCT 1956?

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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22 July 2013 Sec394(4)(b)oftheCompaniesAct,1956 (“theAct”)defines-Transference include any co.withinthemeaningofthisAct.
Transferorcompanytoincludeanybodycorporate,whetheraco.underthisActornot.

Foreign Co.canbeatransferorcompany
but cantbe at ransfereecompany

REFER TO CASE :
[MoschipSemiconductorTechnologyLtd.,2004

120CompCas108(AP)]