29 October 2009
The act of splitting off a part of an existing company to become a new company, which operates completely separate from the original company. Shareholders of the original company are usually given an equivalent stake of ownership in the new company. A demerger is often done to help each of the segments operate more smoothly, as they can now focus on a more specific task. opposite of merger.
30 October 2009
Thanx Sir.....But yo have given me only definiton ......I wanted the procedure for demerger....what all compliances have to be done by a Company for demerger??
CAclubindia
