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The books and papers of a company which has been amalgamated with, or whose shares have been acquired by, another company under this Chapter shall not be disposed of without the prior permission of the Central Government and before granting such permission, that Government may appoint a person to examine the books and papers or any of them for the purpose of ascertaining whether they contain any evidence of the commission of an offence in connection with the promotion or formation, or the management of the affairs, of the transferor company or its amalgamation or the acquisition of its shares.
Significant withdrawals from the banking industry in recent months have been brought on by the...
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Maintaining a robust auditing process in the ever-evolving business world is crucial for thorou...
The end of the fiscal year is crucial for finance teams. Finance professionals spend much time...
The centre redesigned the AIF scheme to cover the FPOs (Farmer Producer Organizations) to stren...
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