Merger/takeover - two private limited companies

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Nikhil Khanna (Querist)
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14 December 2012 There are two private limited companies A Pvt. Ltd. and B Pvt. Ltd. Both the companies have Mr. A and Mrs. A as directors, each holding 50% shares in each of the companies. What is the procedure for amalgamation/merger/takeover of B Pvt. Ltd. by A Pvt. Ltd.?

Amol S Joglekar

Amol S Joglekar (Expert)
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14 December 2012 Decide the EXCHANGE RATIO based on EPS or FMV. (Choice is yours) Then start the accounting procedure. This will facilitate the actual acquisition.

Nikhil Khanna

Nikhil Khanna (Querist)
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14 December 2012 I mainly want to know the provisions of Companies Act, 1956 related to above (the procedure to be followed).