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COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS - Proposed Amendments in the Companies Act, 2013

News and Press Release - Dated:- 2-2-2016 - Purchase of Minority Shareholding 15.1 Section 236 of the Act deals with the purchase of minority shareholding. This provision refers to the acquisition of shares of a company and contemplates a situation w .....

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his intention of buying the remaining equity shares. While Sections 236 (4), 236 (5) and 236 (6) make a reference to a transferor company , the term transferor company has not been defined in the section itself. The Committee felt that the use of the .....

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