amitabh
This query is : Resolved
Amitabh Dubey
(Querist)
01 August 2010
can any subsidiary co. merge with another subsidiaries co. is it possible
CA. Pradeep Nayak
(Expert)
01 August 2010
Yes...it is possible.
Message likes :
1 times
Amitabh Dubey
(Querist)
01 August 2010
Dear All,
i have one query regarding Merger of one Private Company which is subsidiary of one unlisted Public Company with another Private Company,
Private Company with which subsidiary company wants to be merge having 100%FDI, so is it possible under Companies Act, 1956?,
and if possible then what is the procedure for the same and if any consequances is there then also let me know,
waiting for reply
i have one query regarding Merger of one Private Company which is subsidiary of one unlisted Public Company with another Private Company,
Private Company with which subsidiary company wants to be merge having 100%FDI, so is it possible under Companies Act, 1956?,
and if possible then what is the procedure for the same and if any consequances is there then also let me know,
waiting for reply
04 August 2010
Yes. it is possible and the rules for a normal merger would apply.
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