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Section 234 Merger or amalgamation of company with foreign company: (2) Subject to the provisions of any other law for the time being in force, a foreign company , may with the prior approval of the Reserve Bank of India, merge into a company registered under this Act or vice versa and the terms and conditions of the scheme of merger may provide, among other things, for the payment of consideration to the shareholders of the merging company in cash, or in Depository Receipts, or partly in cash and partly in Depository Receipts, as the case may be, as per the scheme to be drawn up for the purpose.
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The two sides adopted a Joint Action Plan in 2005 towards strengthening dialogue and consultation mechanisms in the political and economic spher...
What was the effect of RBI’s intervention to reduce the steep fall in the value of rupee?
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(i) A recent study reveals that up to 70% of nutrients can be provided...
Alyssa Healy and her merry bunch will be the team that most squads, including old rival England, will be want to knock off the pedestal.