Want to be a
Soolegal Member
Team  SoOLEGAL
Resource Centre / Categories :- Legal Procedures  » Merger and Amalgamation
Legal Procedure of Merger and Acquisition
Team SoOLEGAL | 01/01/1970

The following is the summary of legal procedures for merger or acquisition as per Section 232 of Companies Act, 2013: 

   Permission for merger:

Two or more companies can amalgamate only when amalgamation is permitted under their memorandum of association. Also, the acquiring company should have the permission in its object clause to carry on the business of the acquired company.

   Information to the stock exchange:

The acquiring and the acquired companies should inform the stock exchanges where they are listed about the merger/acquisition. 

View (0) Share (0) Download (10)

More Documents By Team SoOLEGAL

Author Image
Resource Centre / Categories :- Legal Formats
Lease/Rent Agreement for a Residential Property
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
Legal Format of Certificate under Section-65B
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
CRIMINAL APPEAL NO.340 OF 2022
Unknown Author | N/A

No description available.

Read more ..
Download
Author Image
Resource Centre / Categories :- Legal Formats
Dev Kishan And Ors. Lrs. Of Kishan ... vs Ram Kishan AndOrs.
Unknown Author | N/A

No description available.

Read more ..
Download