Monday, 11 May 2015

Govt. determines share exchange ratio of members of NSEL in view of amalgamation of NSEL with FTIL

COMPANIES ACT, 1956 : Section 396 of the Companies Act, 1956, Read with Rule 12A of the Companies (Central Government's) General Rules and Forms, 1956 – Power of Central Government to Provide for Amalgamation of Companies in National Interest – Assessment of Compensation to Members and Creditors of National Spot Exchange Ltd. in Terms of Section 396(3)

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