COMPROMISE AND ARRANGEMENT
In this and next few post, we will discuss legal principles contained in Chapter XV of the Act. POWER TO COMPROMISE AND ARRANGEMENT (SECTION 230): A compromise or arrangement may be – (a) between a...
View ArticleMERGER OR AMALGAMATION
We will discuss merger and amalgamation in this post MERGER AND AMALGAMATION (SECTION 232): The Tribunal, Merger, amalgamation or demerger is proposed in the application of compromise and arrangement...
View ArticleOTHER ISSUES IN COMPROMISE, ARRANGEMENT, MERGER AND AMALGAMATION
These schemes of corporate reconstruction have many inbuilt complex issues. The law has to care about all these complexities. SHARES OF DISSENTING SHAREHOLDERS (SECTION 235): Where a scheme or contract...
View ArticleNotification of Sections Relevant for NCLT
Yesterday late evening, I posted here about press release issued by Ministry of Corporate Affairs. Soon thereafter, two files uploaded on Official Gazette website with two notifications in each. In...
View ArticleCompanies Act 2013 Amended by Insolvency and Bankruptcy Code 2016
A notification issued by Ministry of Corporate Affairs notified section 255 of the Insolvency and Bankruptcy Code, 2016. By virtue of notification of Section 255 of Insolvency and Bankruptcy Code,...
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