For amalgamation in the nature of merger, the shareholders holding at – McqOptions

MCQOPTIONS

1.	For amalgamation in the nature of merger, the shareholders holding at least ______ or more of the equity shares of the transferor company becomes the equity shareholders of the transferee company.
A.	51%
B.	90%
C.	99%
D.	100%
Answer» C. 99%

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