Demerger deemed where post disinvestment reconstruction implements conditions attached to government share transfer. Reconstruction or splitting up of a company that ceased to be a public sector company due to Central Government transfer of its shares shall be deemed a demerger if the reorganisation is made to give effect to any condition attached to that transfer and also fulfils other conditions that the Central Government may notify.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Demerger deemed where post disinvestment reconstruction implements conditions attached to government share transfer.
Reconstruction or splitting up of a company that ceased to be a public sector company due to Central Government transfer of its shares shall be deemed a demerger if the reorganisation is made to give effect to any condition attached to that transfer and also fulfils other conditions that the Central Government may notify.
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