Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2017

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..... l Government, in consultation with the Reserve Bank of India, hereby makes the following rules to amend the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, namely:- 1. (1) These rules may be called the Companies (Compromises, Arrangements and Amalgamations) Amendment Rules, 2017. (2) They shall come into force on the date of their publication in the Official Gazette. 2. In .....

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..... e that valuation is conducted by valuers who are members of a recognised professional body in the jurisdiction of the transferee company and further that such valuation is in accordance with internationally accepted principles on accounting and valuation. A declaration to this effect shall be attached with the application made to Reserve Bank of India for obtaining its approval under clause (a) of .....

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..... namely:- "Annexure B Jurisdictions referred to in clause (a) of sub-rule (2) of rule 25A Jurisdictions - (i) whose securities market regulator is a signatory to International Organization of Securities Commission's Multilateral Memorandum of Understanding (Appendix A Signatories) or a signatory to bilateral Memorandum of Understanding with SEBI, or (ii) whose central bank is a membe .....

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