FOR INDIA'S BEST CA CS CMA VIDEO CLASSES CALL 9980100288 OR VISIT HERE
PREDICT YOUR RANK!
Answer below questions and predict your rank
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

What is the legal aspect of Merger/Amalgamation?

Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 asked

Hi Friends, I am Rohith. I am studying CA exam. Can I know, What is the legal aspect of Merger/Amalgamation?

    0       0 Answer Now Comment Report
2 Answers
Avatar 37a3bd7bc7328f0ead2c0f6f635dddf60615e676e6b4ddf964144012e529de45 answered

Section 390 interprets the expressions “company”, "arrangement" and unsecured creditors. Section 391 lays down in detail Power to compromise or make arrangements with creditors and members. Section 392 explains Power of Tribunal to enforce compromise and arrangement. Section 393 lays down Information as to compromises or arrangement that is to be sent with every notice calling a meeting of creditors and members.

    0       0 Comment Report
Important Note – Preparing for CA Final?
CAKART provides Indias top faculty each subject video classes and lectures – online & in Pen Drive/ DVD – at very cost effective rates. Get video classes from CAKART.in. Quality is much better than local tuition, so results are much better.
Watch Sample Video Now by clicking on the link(s) below – 
For any questions Request A Call Back  
Open uri20170510 32134 1uwcnoc?1494421631 answered

Companies Act, 1956 has provided for a set of provisions specially dealing with amalgamation of companies, to facilitate the transactions. The statutory provisions relating to Merger and Amalgamation are contained in Sections 390 to 396A. ------------------------------------------------------------------------ - Section 390 interprets the expressions “company”, "arrangement" and unsecured creditors. - Section 391 lays down in detail Power to compromise or make arrangements with creditors and members. - Section 392 explains Power of Tribunal to enforce compromise and arrangement. - Section 393 lays down Information as to compromises or arrangement that is to be sent with every notice calling a meeting of creditors and members. - Section 394 explains Provisions for facilitating reconstruction and amalgamation of companies. - Section 394A lays down Notice to be given to Central Government for applications under sections 391 and 394. - Section 395 depicts Power and duty to acquire shares of shareholders dissenting from scheme or contract approved by majority. - Section 396 lays down Power of Central Government to provide for amalgamation of companies in national interest. - Section 396A lays down Preservation of books and papers of amalgamated company.

    0       0 Comment Report
Get Notifications
Videos
Books
Notes
Loading
Watch best faculty demo video classes

These top faculty video lectures will
help u prepare like nothing else can.