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  • Rewriting Laws On Listed Company Mergers

    The Securities and Exchange Board of India has through a circular dated February 4, 2013, revised the norms applicable to listed companies for schemes of mergers and arrangements under Sections 392, 304 and 100 of the Companies Act, 1956.

  • Rights Issue Gone Wrong?

    SEBI says unsecured loans given by promoters cannot be adjusted against their entitlement in a rights issue; SAT says they can.

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