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Amalgamation

Sir in case of Amalgamation in nature of merger 1)can we give preference share holders in cash Or entire Either equity or preference should be in form of shares only. 2)for calculation of 90% in Second condition can we include preference shareholders sir Or only Equity shareholders form part of the 90% calculation..


M.V. Naresh

M.V. Naresh

CA Inter

2K+

01-Jan-21 16:32

28

Answers (2)

I also have the same doubt


venkatesh sundharamoorthy

venkatesh sundharamoorthy

CA Inter

7K+

01-Jan-21 21:04

To check amalgamation in the nature of merger, you need to check equity shares only.


Suraj Lakhotia

Suraj Lakhotia

Admin

02-Jan-21 13:22