https://www.taxtmi.com/acts?id=17532 Where holders of not less than nine-tenths in value of the affected shares approve a transfer scheme, the transferee company may notify dissenting shareholders that it desires to acquire their shares; unless the dissenting shareholder obtains a contrary Tribunal order, the transferee company must acquire those shares on the same terms as approving shareholders, effect transfer formalities, pay consideration to the transferor company, and the transferor must hold received sums in a separate trust account and disburse them to entitled shareholders within the prescribed period. en-us Sat, 02 Mar 2013 14:20:40 +0530 Thu, 11 Dec 2025 16:12:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=17532 Where holders of not less than nine-tenths in value of the affected shares approve a transfer scheme, the transferee company may notify dissenting shareholders that it desires to acquire their shares; unless the dissenting shareholder obtains a contrary Tribunal order, the transferee company must acquire those shares on the same terms as approving shareholders, effect transfer formalities, pay consideration to the transferor company, and the transferor must hold received sums in a separate trust account and disburse them to entitled shareholders within the prescribed period. Act-Rules Companies Law Sat, 02 Mar 2013 14:20:40 +0530 https://www.taxtmi.com/acts?id=17532