TMI BlogAmendment of section 72A.X X X X Extracts X X X X X X X X Extracts X X X X ..... or companies; or (d) an erstwhile public sector company with one or more company or companies, if the share purchase agreement entered into under strategic disinvestment restricted immediate amalgamation of the said public sector company and the amalgamation is carried out within five year from the end of the previous year in which the restriction on amalgamation in the share purchase agreemen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ctor company means a company which was a public sector company in earlier previous years and ceases to be a public sector company by way of strategic disinvestment by the Government; (iii) strategic disinvestment means sale of shareholding by the Central Government or any State Government in a public sector company which results in reduction of its shareholding to below fifty-one per cent. a ..... X X X X Extracts X X X X X X X X Extracts X X X X
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