For amalgamation in the nature of merger, the shareholders holding at least or more of the...
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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 becomes the equity shareholders of the transferee company. A 90% B C D 80% 100% None of these 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 ... View the full answer
Related Book For
Modern Advanced Accounting in Canada
ISBN: 978-1259087554
7th edition
Authors: Hilton Murray, Herauf Darrell
Posted Date:
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