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

Dhaval Gusani , Last updated: 22 May 2019  
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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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Published by

Dhaval Gusani
(Practising Company Secretary)
Category Corporate Law   Report

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