LawgistThe Companies Act
240Liability of officers in respect of offences committed prior to merger, amalgamation, etc
Notwithstanding anything in any other law for the time being in force, the liability in respect of offences committed under this Act by the officers in default, of the transferor company prior to its merger, amalgamation or acquisition shall continue after such merger, amalgamation or acquisition.
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COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS
- 230 Power to compromise or make arrangements with creditors and member
- 231 Power to Tribunal to enforce compromise or arrangement
- 232 Merger and amalgamation of companies
- 233 Merger or amalgamation of certain companies
- 234 Merger or amalgamation of company with foreign compan
- 235 Power to acquire shares of shareholders dissenting from scheme or contract approved by majorit
- 236 Purchase of minority shareholding
- 237 Power of Central Government to provide for amalgamation of companies in public interest
- 238 Registration of offer of schemes involving transfer of shares
- 239 Preservation of books and papers of amalgamated companie
- 240 Liability of officers in respect of offences committed prior to merger, amalgamation, etc
