Objections to merger schemes invited; stakeholders must submit objections to the government and authorised company representative promptly. Notice invites objections or suggestions to a proposed scheme of merger, amalgamation, division or transfer of undertaking under Section 233(1)(a) of the Companies Act, 2013. The company must enclose a copy of the scheme and call for objections from the Registrar, the Official Liquidator and any person whose interest is likely to be affected. Objections or suggestions must be sent to the Central Government and to the authorised representative of the transferor company within thirty days from the date of the notice.
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.
Objections to merger schemes invited; stakeholders must submit objections to the government and authorised company representative promptly.
Notice invites objections or suggestions to a proposed scheme of merger, amalgamation, division or transfer of undertaking under Section 233(1)(a) of the Companies Act, 2013. The company must enclose a copy of the scheme and call for objections from the Registrar, the Official Liquidator and any person whose interest is likely to be affected. Objections or suggestions must be sent to the Central Government and to the authorised representative of the transferor company within thirty days from the date of the notice.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.