Question
A foreign company, may with the prior approval of the
_____________, merge into a company registered under the Companies Act or vice versa as per section 234 of the Companies ActSolution
Section 234 Merger or amalgamation of company with foreign company: (2) Subject to the provisions of any other law for the time being in force, a foreign company , may with the prior approval of the Reserve Bank of India, merge into a company registered under this Act or vice versa and the terms and conditions of the scheme of merger may provide, among other things, for the payment of consideration to the shareholders of the merging company in cash, or in Depository Receipts, or partly in cash and partly in Depository Receipts, as the case may be, as per the scheme to be drawn up for the purpose.
What is the primary objective of the National Water Awards (NWA) initiated by the Ministry of Jal Shakti?
On what date did Algeria officially become a full member of the New Development Bank (NDB)?
Which popular food delivery platform's subsidiary, Zomato Payments Private Limited, recently secured the Payment Aggregator (PA) License from the Reserv...
Which Indian athlete will be honored with the Olympic Order by the International Olympic Committee (IOC) in 2024?
According to the OECD report, the potential downside risks for India's growth do NOT include:
Who has been appointed Director in the Department of Promotion of Industry and Internal Trade (DPIIT) by the Department of Personnel & Training (DoPT)?
The state’s capital Jaipur formation day is observed on?
The Hindustan Aeronautics Limited (HAL) recently signed a contract worth over with Honeywell for supply and manufacture of 88 TPE331-12B engines/kits a...
First and world’s largest carbon fiber plant will be built by _____.
The central government will spend Rs 1.08 trillion in subsidies during kharif 2023-24, which is almost 62 per cent of the Budget Estimates for financial...