geetika
(Manangement Trainee)
(30 Points)
Replied 28 July 2007
PLease find the same below :
–MERGER
CHRONOLOGY OF EVENTS AFTER SANCTION OF THE SCHEME OF AMALGAMATION ON
BY HON’BLE HIGH COURT OF
ACTIVITY
Scheme sanctioned by High Court
Application made to High Court for Certified True Copy of the Order.
Certified True Copy of the Orders received from High Court.
Filing of Form 21 with Registrar of Companies, ______ along with Certified Copy of the Order u/s.391 & 394
Deposit of Filing Fee through Challan for filing of Form 21 with Registrar of Companies
Committee of Directors of Transferee Co
(i) declares Scheme to be effective from _____ from the Appointed Date ie________
(ii) Fixes Record Date as _______ for ascertaining the shareholders of ______ entitled to receive transferre co’s L shares.
Board of Directors of transferor co’s
(i) declares Scheme effective from _____ from the Appointed Date i.e. __________
(ii) takes note of the “Record Date” as ______
Intimation to Stock Exchanges informing effectiveness of the Scheme and fixation of Record Date ie. ______
Publication of Notice in all editions of _______(newspaper) informing the shareholders about the Record Date etc.
Applications made to Stock Exchange for in-principle approval for issue and allotment of shares to transferor co’s shareholders
Record Date
In Principle approval received from Stock Exchange u/s 24(a) of the Listing Agreement.
Committee of Directors allot ____ shares to the shareholders of IGFL.
Intimation to Stock Exchange for allotment of ___________ shares of to the shareholders of
.