Who monitors whether amalgamation scheme is goiing smoothly or not
skg
(Querist) 20 February 2013
This query is : Resolved
Dear experts,
After amalgamation of two companies after approval of BIFR for how many years BIFR or any monitoring agency is responsible for looking after feasibility of amalgamation scheme i.e. about rights of employee or revival/profitability of transferor company (now working as a division of transferee company) is going on as defined at the time of amalgamation.
Can this information be asked from BIFR under RTI act after 8 years of amalgamation of two companies by an employee of transferor company.
rgds
Raj Kumar Makkad
(Expert) 20 February 2013
RTI application can definitely be moved even after the expiry of 8 years of such scheme,however, it is clarified that th BIFR
skg
(Querist) 21 February 2013
Dear Raj Sir,
It appears that your comments got truncated probably due to some uploading error on the server.
Please re upload your advice once again on this topic.
rgds