https://www.taxtmi.com/acts?id=12777 When a share transfer scheme is approved as required, the transferee company may notify dissenting shareholders and, unless the Tribunal orders otherwise on timely application, is obliged to acquire their shares on the terms of the approved scheme; where the transferee already holds a dominant share proportion special provisos and wider offer requirements apply. The transferee must give prescribed notices when it reaches the requisite holding, accept calls to acquire remaining shares on scheme or Tribunal-determined terms, transmit transfer documentation and pay consideration to the transferor, which must register the transferee and hold proceeds in trust. en-us Mon, 16 May 2011 17:05:09 +0530 Mon, 16 May 2011 17:05:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=12777 When a share transfer scheme is approved as required, the transferee company may notify dissenting shareholders and, unless the Tribunal orders otherwise on timely application, is obliged to acquire their shares on the terms of the approved scheme; where the transferee already holds a dominant share proportion special provisos and wider offer requirements apply. The transferee must give prescribed notices when it reaches the requisite holding, accept calls to acquire remaining shares on scheme or Tribunal-determined terms, transmit transfer documentation and pay consideration to the transferor, which must register the transferee and hold proceeds in trust. Act-Rules Companies Law Mon, 16 May 2011 17:05:09 +0530 https://www.taxtmi.com/acts?id=12777