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For amalgamation in the nature of merger, the shareholders holding at least or more of the facevalue of equity shares of the transferor company
For amalgamation in the nature of merger, the shareholders holding at least or more of the facevalue of equity shares of the transferor company becomes the equity shareholders of the transferee company. A 90% B C D 80% 100% None of these
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ANSWER D None of these Thus shares in a company are transferable like any other movable property ...Get Instant Access to Expert-Tailored Solutions
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Modern Advanced Accounting In Canada
Authors: Hilton Murray, Herauf Darrell
7th Edition
1259066487, 978-1259066481
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