Which of the following best describes a merger of two companies where a financially sick or distress business is merged with a sound company as part of a financial rehabilitation under the supervision of a financial body?
Merger refers to a situation where two or more existing firm combine to form a new entity either a new firm is incorporated or one of the existing firms survives and another is merged with it. Arranged merger : when the regulatory body arranges the merger for financially sick company with others to rehabilitate it.
After dissolution of firm it’s goodwill can be:
How often is the Board required to meet according to the Micro, Small and Medium Enterprises Development Act?
Who prepares a panel of names of persons fit to be appointed as Public Prosecutors or Additional Public Prosecutors?
If offence is punishable with fine only, the period of limitation for taking cognizance of it shall be
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A declaration made under Chapter 6 of Specific Relief Act 1963, is binding on:
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Which one of the following is not an ingredient of theft?
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