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In the context of a merger or amalgamation scheme, what documents are required to be circulated for a members/creditors meeting?
  • a)
    Draft of the proposed terms of the scheme and the report of the expert
  • b)
    Draft of the proposed terms of the scheme and the last annual accounts
  • c)
    Draft of the proposed terms of the scheme and a valuation report
  • d)
    Draft of the proposed terms of the scheme and a report explaining the effect on various stakeholders
Correct answer is option 'D'. Can you explain this answer?
Verified Answer
In the context of a merger or amalgamation scheme, what documents are ...
Section 232(2) mandates that for a members/creditors meeting, companies are required to circulate documents including the draft of the proposed terms of the scheme and a report adopted by the directors explaining the effect of the compromise on different stakeholders, including shareholders, key managerial personnel, promoters, and non-promoter shareholders.
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In the context of a merger or amalgamation scheme, what documents are required to be circulated for a members/creditors meeting?a)Draft of the proposed terms of the scheme and the report of the expertb)Draft of the proposed terms of the scheme and the last annual accountsc)Draft of the proposed terms of the scheme and a valuation reportd)Draft of the proposed terms of the scheme and a report explaining the effect on various stakeholdersCorrect answer is option 'D'. Can you explain this answer? for B Com 2025 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about In the context of a merger or amalgamation scheme, what documents are required to be circulated for a members/creditors meeting?a)Draft of the proposed terms of the scheme and the report of the expertb)Draft of the proposed terms of the scheme and the last annual accountsc)Draft of the proposed terms of the scheme and a valuation reportd)Draft of the proposed terms of the scheme and a report explaining the effect on various stakeholdersCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for B Com 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for In the context of a merger or amalgamation scheme, what documents are required to be circulated for a members/creditors meeting?a)Draft of the proposed terms of the scheme and the report of the expertb)Draft of the proposed terms of the scheme and the last annual accountsc)Draft of the proposed terms of the scheme and a valuation reportd)Draft of the proposed terms of the scheme and a report explaining the effect on various stakeholdersCorrect answer is option 'D'. Can you explain this answer?.
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