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Approval Of A Scheme For Mergers Is It A Legal Barrier?, Narsimha Rao A.V Jan 2006

Approval Of A Scheme For Mergers Is It A Legal Barrier?, Narsimha Rao A.V

Dr. A.V Narsimha Rao

Mergers and acquisitions of companies should comply with the provisions of the Companies Act, 1956. According to the Act, the approval of the scheme of mergers by the court has been made mandatory.