In case of Merger of Private Limited Companies (UNLISTED)
Company can directly apply before the Hon'ble High Court under section 391. As it is unlisted, Drafting of Arrangement Scheme with the stock exchange not required. Is it so....???????
Menu
Unlisted pvt. ltd. co. merger..??
Replies (2)
Dear Namita,
Clause 24 f of listing agreement says that 30 days before filing the scheme to High Court the listed company shall file detailed application to stock exchange(s) where the company is listed.
No such requirement in case of unlisted companies.
So Private limited company can directly file the summons in form no 33 to High Court.
Ok.... Thankx a lot sir..
Recent Topics :
- E-way notices2222
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
- Omitted sales shown in GSTR-1 Table 14 but not in
- EWAY BILL TAKE OUT OF OTHER COMPAMY
- Penalty & late fee for late ITR filing
- Business discontinued as Government took possessio
- Which Aviation Services Can Air Ticketing Professi
- Section 87A
Related Topics :
CAclubindia
