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Asked by Prashant on :Jul. 12, 2018

Is it permissible to merge section 8 company with…

Is it permissible to merge section 8 company with other company?

Is it permissible to merge section 8 company with other company?

0

Jeeba Jul. 12, 2018

No
As per the companies act 2013, a company which has registered under section 8 company can only be merged with another section 8 company having similar objectives.

Thus, a merger of section 8 company is possible only with section 8 company and both companies should have similar objectives.

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