https://www.taxtmi.com/notifications?id=118104 The Joint Director (Accounts), as competent authority under rule 12-A, assessed member and creditor entitlement for the proposed amalgamation of National Spot Exchange Limited into Financial Technologies (India) Limited. Independent valuers recommended a range of fair values and a share exchange formula; the order directs issuance of fully paid transferee shares to former members according to the prescribed swap ratio, cancellation of the dissolved company shares held by the transferee, rounding of fractional entitlements, allotment form, and records that creditors' rights are preserved by draft amalgamation clauses so no separate compensation is required. en-us Wed, 01 Apr 2015 00:00:00 +0530 Wed, 16 Sep 2015 10:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=118104 The Joint Director (Accounts), as competent authority under rule 12-A, assessed member and creditor entitlement for the proposed amalgamation of National Spot Exchange Limited into Financial Technologies (India) Limited. Independent valuers recommended a range of fair values and a share exchange formula; the order directs issuance of fully paid transferee shares to former members according to the prescribed swap ratio, cancellation of the dissolved company shares held by the transferee, rounding of fractional entitlements, allotment form, and records that creditors' rights are preserved by draft amalgamation clauses so no separate compensation is required. Notifications Companies Law Wed, 01 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/notifications?id=118104