In a scheme of amalgamation between Eye Foundation Ltd. (transferor company) and Lasik Centre (India) Pvt. Ltd. (transferee company), the Regional Director raised objections that additional filing fee and stamp duty on t
CS Professional · Corporate Restructuring, Valuation and Insolvency · PYQS · December 2014
In a scheme of amalgamation between Eye Foundation Ltd. (transferor company) and Lasik Centre (India) Pvt. Ltd. (transferee company), the Regional Director raised objections that additional filing fee and stamp duty on the increase of share capital of the transferee company has to be paid and also against changing the name of the transferee company to Eye Foundation Ltd. which is the name of the transferor company, without complying with section 13. Will the objections of the Regional Director hold good ? Explain.
Topics: Corporate Restructuring
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