Forced Merger in the history of India - Classic example of Limited Liability of a Company

Dhaval Gusani , Last updated: 22 May 2019 Share Follow on Google News

The Supreme Court recently set aside order of compulsory and forced merger between 63 Moons Technologies Ltd (Formerly known as Financial Technologies India Ltd FTIL) and its subsidiary National Spot Exchange of India Ltd (NSEL). It was the first time in history that Govt. invoked Section 396, for n

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About the Author

Dhaval Gusani

Practising Company Secretary

CS Dhaval Gusani is a founder of DVG Associates, Company Secretaries and Corporate Law Professionals. He is a Commerce Graduate and an Associate Member of the Institute of Company Secretaries of India (ICSI). He has cumulative experience of more than 3 years with Listed Company, Chartered Accountants and Company Secre ... Read more

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