Will Section 108 A be applicable to a public(listed)company if it decides to acquire more than 25% of equity shares in another public (unlisted)pharma company.
FCS Jay
(FCS )
(35 Points)
Replied 11 December 2008
Originally posted by :neha | ||
" | Will Section 108 A be applicable to a public(listed)company if it decides to acquire more than 25% of equity shares in another public (unlisted)pharma company. | " |
no
Section 108A applies in case of two pubilc cos under same management
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India