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Maqboolfida (Self)     25 November 2014

Govt orders financial tech to absorb nsel, liabilities

Can the government order a company to merge with its subsidiary?

What would the impact of such a decision be on the legitimacy of corporate law in India and standing of the country in the eyes of international investors?

 

https://in.reuters.com/article/2014/10/21/financial-technologies-nsel-idINKCN0IA0RU20141021



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