Amalgamation – Fixing Of Appointment Date And Effective Date
Parties to the Case: Equitas Micro Finance Limited & Equitas Housing Finance Ltd. (“Transferor Companies”) Equitas Finance Ltd. (“Transferee Company”) Dates in a scheme of Amalgamation: A typical scheme of amalgamation provides for two dates, viz., ‘Appointed Date’ and the ‘Effective Date’. The Effective Date would be the date on which the scheme is sanctioned …
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