Merger

Dear Querist,

Facts presented are not clear.

Since merger has taken place between Co. x and Co. y as per duly approved Scheme of Reconstruction, the RoC/Regulatory authority i.e. RBI/SEBI must have been accordingly apprised of. And as per law, process thereafter shall be guided by the respective laws.

Please provide more facts to understand the case and advice accordingly.

Sorry for the ambiguity. I am talking about registration under vat act of relevant states and implications of merger under vat act of relevant states of maharashtra (A) & West Bengal (B). The merger is approved with retrospective effect when vat returns are filed by both the companies in their individual names in states in which they are operating. What procedure to be followed after merger order from high courts in states where both companies have registration and in the state where only merged company has registration under vat acts.

Looking forward to your guidance.

Thanks.