Avail 50% discount on All CS & CMA subjects for Dec batch . Use coupon code Dec14

×
Home > Experts > LAW > meaning of corporatisation & demutualisation


Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


meaning of corporatisation & demutualisation (LAW)

Report Abuse
This query is : Resolved



( Author )
30 September 2010

What is Corporatisation and de mutualisation in Securities Contracts (Regulation) Act, 1956


Aditya Maheshwari

( Expert )
30 September 2010

Meaning
Demutualisation refers to the legal structure of an exchange whereby the ownership, the management and the trading rights at the exchange are segregated from one another.

Simple Term is that If u have a partnership firm and now u are converting it into company, where it has its own identity separate to its management.

If you aquire any Share due to demutualisation of any stock exchange that would be an exempt transfer. But if you subsequently sale those shares then in that case capital gain would attract normally.


Rohit Jain

( Author )
02 October 2010

Thank you very much sir......... now it will help to do this chapter............


Previous

Next

You need to be the querist or approved CAclub expert to take part in this query .


Click here to login ( Members Login ) now


Similar Resolved Queries :








submit










Quick Links





back to the top