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Amalgamation

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(Querist)
15 July 2013 Can a Foreign Co. amalgamate with an Indian Co. under Companies asCT 1956?
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
22 July 2013 Sec394(4)(b)oftheCompaniesAct,1956 (“theAct”)defines-Transference include any co.withinthemeaningofthisAct.
Transferorcompanytoincludeanybodycorporate,whetheraco.underthisActornot.

Foreign Co.canbeatransferorcompany
but cantbe at ransfereecompany

REFER TO CASE :
[MoschipSemiconductorTechnologyLtd.,2004

120CompCas108(AP)]
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