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.
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.
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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