Petitioner Acquires Sharpedge Property in Merger, but Share Transfers Don't Equal Asset Transfers.

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....Transfer of property / assets - with the merger of property also vested with the petitioner along with other assets of Sharpedge. This clearly amounted to transfer of the subject property - But in case of transfer of shares / dilution of the share capital by the shareholders cannot be held as transfer of assets of company to another.....