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of <h1>Form No. 07D: Steps for Central Government Approval to Acquire Shares Under Companies Act, 1956</h1> The application form, Form No. 07D under the Companies Act, 1956, outlines the process for seeking Central Government approval for acquiring shares. It requires detailed information about the applicant, the company whose shares are to be acquired, and the nature of the proposed acquisition. This includes the applicant's directorships, the shareholding pattern before and after acquisition, financial details of the transaction, compliance with relevant laws, and potential changes in the board of directors. The form also mandates the submission of financial statements and justifications for the acquisition, ensuring transparency and compliance with regulatory standards.
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