https://www.taxtmi.com/news?id=15582 Section 236 requires an acquirer who attains near total shareholding to notify the company of intent to acquire remaining equity. The provision's use of the undefined term 'transferor company' could be construed to include asset transfers or amalgamations. The Committee recommends substituting 'company whose shares are being transferred' or expressly explaining that the provision applies solely to acquisition of shares and not to transfers of assets or amalgamations. en-us Tue, 02 Feb 2016 19:14:37 +0530 Tue, 02 Feb 2016 19:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=15582 Section 236 requires an acquirer who attains near total shareholding to notify the company of intent to acquire remaining equity. The provision's use of the undefined term 'transferor company' could be construed to include asset transfers or amalgamations. The Committee recommends substituting 'company whose shares are being transferred' or expressly explaining that the provision applies solely to acquisition of shares and not to transfers of assets or amalgamations. News - Tue, 02 Feb 2016 19:14:37 +0530 https://www.taxtmi.com/news?id=15582