Two company ABC Ltd. and XYZ Ltd. both are incorporated under Companies Act, 2013 with their authorized Share capital. MOA of ABC Ltd. company contains a provision that company shall have power to sell or transfer or oth

CS Professional · Drafting, Pleadings and Appearances · PYQS · December 2022
Two company ABC Ltd. and XYZ Ltd. both are incorporated under Companies Act, 2013 with their authorized Share capital. MOA of ABC Ltd. company contains a provision that company shall have power to sell or transfer or otherwise dispose of whole or any part of the business and accept consideration and MOA of XYZ Ltd. contain a provision that the company may acquire by purchase or otherwise business and undertaking in part or whole of any business entity. Write an agreement between ABC Ltd. and XYZ Ltd. companies for amalgamation by sale of ABC Ltd. to the XYZ Ltd.

Answer & Explanation:

Agreement between two Companies to Amalgamate by Sale of one to the other This AGREEMENT is made on this ............

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