Amalgamation rights transfer: transferor exempted from subsections and transferee treated as original rights-holder under amended provision. When, in an amalgamation, the amalgamating company sells or transfers rights to the amalgamated Indian company, subsections (3) and (4) do not apply to ... Summary
Amalgamation rights transfer: transferor exempted from subsections and transferee treated as original rights-holder under amended provision.
When, in an amalgamation, the amalgamating company sells or transfers rights to the amalgamated Indian company, subsections (3) and (4) do not apply to the amalgamating company, and the provisions of the section shall, as far as may be, apply to the amalgamated company as they would have applied to the amalgamating company had the rights not been sold or transferred.
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