amalgamation in the nature of merger
This query is : Open
06 January 2011
how to treat cross holding in case of merger.
Example:two companies A & B will be merged with Company C
Example:two companies A & B will be merged with Company C
06 January 2011
In case of merger of holding company with 100% wholly owned subsidiary:
The concept of cross holding arises ( ie, the holding company should cancel its investements in subsidiary company or it has to transfer such shares to trust created for this purpose)
The concept of cross holding arises ( ie, the holding company should cancel its investements in subsidiary company or it has to transfer such shares to trust created for this purpose)
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