Is approval of high court is required for merger with 100% subsidiary company
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Corporate law qurey
Replies (7)
Under present Companies Act, all amalgamations and merger has to be approved by the Court. No matter wheather it is a 100% subsidiary or not
Yes. Approval of High Court is required.
approval is required
| Originally posted by : Syam kamal | ||
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Under present Companies Act, all amalgamations and merger has to be approved by the Court. No matter wheather it is a 100% subsidiary or not |
 |
agreed
yes
| Originally posted by : Syam kamal | ||
 |
Under present Companies Act, all amalgamations and merger has to be approved by the Court. No matter wheather it is a 100% subsidiary or not |
 |
agreed
| Originally posted by : Deepesh Ruhela | ||
|
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Yes previous approval of high court is required along with the approval of board of merging company Originally posted by : Syam kamal Under present Companies Act, all amalgamations and merger has to be approved by the Court. No matter wheather it is a 100% subsidiary or not agreed |
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