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  • How Merger Takes Place Between Two Companies?

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    itishaagrawal41
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    A merger takes place between two companies when one company acquires another. The acquiring company obtains approval from its board and shareholders, then files an application with regulatory authorities like the National Company Law Tribunal after getting approval from creditors. The target company then transfers its assets, liabilities, and shares to the acquiring company.

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    HUL

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    Hul

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    A merger takes place between two companies when one company acquires another. The acquiring company obtains approval from its board and shareholders, then files an application with regulatory authorities like the National Company Law Tribunal after getting approval from creditors. The target company then transfers its assets, liabilities, and shares to the acquiring company.

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    © All Rights Reserved
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    21 views3 pages

    How Merger Takes Place Between Two Companies?

    Uploaded by

    itishaagrawal41
    A merger takes place between two companies when one company acquires another. The acquiring company obtains approval from its board and shareholders, then files an application with regulatory authorities like the National Company Law Tribunal after getting approval from creditors. The target company then transfers its assets, liabilities, and shares to the acquiring company.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pptx, pdf, or txt
    of 3

    How merger takes place between two

    companies?

    Merger

    Transferee Company
    Acquiring Company

    Board approval
    Special
    resolution
    75 % approval
    needed
    Application to
    NCLT
    Meeting of
    Creditors
    Application to
    ROC, IT, CCI etc

    Transferor Company
    Target Company

    Indulekha

    Buys 22.9 % from the promoters

    Come out with open offer to acquire


    the remaining shares

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