22 July 2013
Sec394(4)(b)oftheCompaniesAct,1956 (“theAct”)defines-Transference include any co.withinthemeaningofthisAct. Transferorcompanytoincludeanybodycorporate,whetheraco.underthisActornot.
Foreign Co.canbeatransferorcompany but cantbe at ransfereecompany
REFER TO CASE : [MoschipSemiconductorTechnologyLtd.,2004