Merger of Cos
This query is : Resolved
16 March 2010
There are 4 Pvt Ltd Cos with same directors. Out of this, one company is doing full fledged operations. The other 3 cos have not yet commenced operations since their incorporation. Is it possible to merge these 3 companies into the first company and if yes, then in what way this can be done as per Companies Act.
17 March 2010
Merger of these companies is very much possible pursuant to Sec-391-394 of Companies Act.
For the procedure of merger, please follow the link:
https://www.caclubindia.com/share_files/details.asp?mod_id=22198
For the procedure of merger, please follow the link:
https://www.caclubindia.com/share_files/details.asp?mod_id=22198
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