amalgamation

892 views 3 replies

What about dissented shareholders & fund fractional shares & what is its treatment

its urgent

Replies (3)

disented  shareholder means the shareholder who does not agree with the terms of amalgamation            & are not satisfied with shares they are  getting in the new company......therefore its treatment  is like this.......when u are calculating the pc........disented shareholders are separatly given their share in          cash & while calculating the equety share in new co. the disented shares are to be deducted(as they r being discharged in cash).............................................fund fractional shares are given in cash

decenting share holders are not willing to accept the scheme of amalgamtion so transferee co. will not pay any amt. as PC to decenting share holders and pay only to other share holders. Transferor co. will directly pay to the decenting share holders and this amt. is lunb-sum.

entry in the books of transferor co.

to close share holders a/c

eq. share capital a/c dr.

         to decenting share holders a/c

         to other share holders a/c

amt. paid to decenting share holders

decenting share hoolders a/c dr.

        to bank a/c

amt. paid to other share holders

other share holders a/c dr.

          to shares in transferee co. a/c

          to debenture of transferee co. a/c

         to cash a/c

amt. left in the share holders a/c will be paid only to other share holders as they will accept the scheme of amalgamation.

fractional shares

transferor co. will not pay shares in fraction so he will pay by cash or by bank.

Originally posted by : AMAR

decenting share holders are not willing to accept the scheme of amalgamtion so transferee co. will not pay any amt. as PC to decenting share holders and pay only to other share holders. Transferor co. will directly pay to the decenting share holders and this amt. is lunb-sum.

entry in the books of transferor co.

to close share holders a/c

eq. share capital a/c dr.

         to decenting share holders a/c

         to other share holders a/c

amt. paid to decenting share holders

decenting share hoolders a/c dr.

        to bank a/c

amt. paid to other share holders

other share holders a/c dr.

          to shares in transferee co. a/c

          to debenture of transferee co. a/c

         to cash a/c

amt. left in the share holders a/c will be paid only to other share holders as they will accept the scheme of amalgamation.

fractional shares

transferor co. will not pay shares in fraction so he will pay by cash or by bank.

Agree with Amar

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 11 July 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
06 July 2026
Accountant

Agarwal Anoop and Associates

Noida

CA Final

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details