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Chapter 15
Compromises, Arrangements and Amalgamations
11 sections (230–240)
- 230Power to compromise or make arrangements with creditors and members
- 231Power of Tribunal to enforce compromise or arrangement
- 232Merger and amalgamation of companies
- 233Merger or amalgamation of certain companies
- 234Merger or amalgamation of company with foreign company
- 235Power to acquire shares of shareholders dissenting from scheme or contract approved by majority
- 236Purchase of minority shareholding
- 237Power of Central Government to provide for amalgamation of companies in public interest
- 238Registration of offer of schemes involving transfer of shares
- 239Preservation of books and papers of amalgamated companies
- 240Liability of officers in respect of offences committed prior to merger, amalgamation, etc