Companies Act, 2013
Section - 378ZN - Amalgamation, merger or division, etc., to form new Producer Companies
PART IXAMALGAMATION, MERGER OR DIVISIONAmalgamation, merger or division, etc., to form new Producer Companies.378ZN. (1) A Producer Company may, by a resolution passed at its general meeting,-
(2) Any two or more Producer Companies may, by a resolution passed at any general or special meetings of its Members, decide to-
| (a) | - | decide to transfer its assets and liabilities, in whole or in part, to any other Producer Company, which agrees to such transfer by a resolution passed at its general meeting, for any of the objects specified in section 378B; |
| (b) | - | divide itself into two or more new Producer Companies. |
| (a) | - | amalgamate and form a new Producer Company; or |
| (b) | - | .... To read the full section download the app from Google Play store
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