Books > Old Books > Poetry Northwest (1959)


Page 267

CHAPTER 25
RECONSTRUCTION AND AMALGAMATION

(a) the transferee company must offer the same terms to all holders of the shares affected; and
(b) the holders who approve the scheme or contract, besides holding not less than nine-tenths in value of the shares affected must also hold not less than three-fourths in number of those shares.
When a transferee company, in pursuance of a scheme or contract, has acquired (with any shares it already held) nine-tenths in value of the shares in the transferor company, it must, within a month of the transfer, give notice of that fact to the holders of the remaining shares. These holders can then, within three months, require the transferee company to acquire their shares on the same terms as the other shares were acquired or as may be fixed by the Court on the application of either party.
When any payment is to be made to the directors for compensation for loss of office in connection with any such offer, the amount of the payment must be included in the notice of the offer sent to the shareholders (s. 193, ante, p. 123).

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where is HTML where is HEAD where is TITLE (a) what is transferee company must offer what is same terms to all holders of what is shares affected; and (b) what is holders who approve what is scheme or contract, besides holding not less than nine-tenths in value of what is shares affected must also hold not less than three-fourths in number of those shares. When a transferee company, in pursuance of a scheme or contract, has acquired (with any shares it already held) nine-tenths in value of what is shares in what is transferor company, it must, within a month of what is transfer, give notice of that fact to what is holders of what is remaining shares. These holders can then, within three months, require what is transferee company to acquire their shares on what is same terms as what is other shares were acquired or as may be fixed by what is Court on what is application of either party. When any payment is to be made to what is directors for compensation for loss of office in connection with any such offer, what is amount of what is payment must be included in what is notice of what is offer sent to what is shareholders (s. 193, ante, p. 123). where is meta name="keywords" content="old books, Free book , free book offer , free audio books , free coloring book pages , free book reports , free audio book , audio books free download , book free , free guest book , books free , free book summaries , download free audio books , free childrens books." where is where are they now rel="stylesheet" type="text/css" href="../../style.css" where is meta http-equiv="Content-Type" content="text/html; charset=iso-8859-1" where is BODY bgColor=#ffffff text="#000000" where are they now ="#000000" v where are they now ="#FF0000" where is div align="center" where is strong where is strong where is a href="http://www.aaoldbooks.com" Books > where is a href="../default.asp" title="Book" Old Books > where is strong where is a href="default.asp" Poetry Northwest (1959) where is table width="700" border="1" align="center" cellpadding="15" cellspacing="0" where is center where is tr where is td width="160" align="center" valign="top" where is div align="center" where is td align="center" valign="top" where is div align="left" where is div align="center" where is p align="left" Page 267 where is strong CHAPTER 25 RECONSTRUCTION AND AMALGAMATION where is p align="justify" (a) what is transferee company must offer what is same terms to all holders of what is shares affected; and (b) what is holders who approve what is scheme or contract, besides holding not less than nine-tenths in value of what is shares affected must also hold not less than three-fourths in number of those shares. When a transferee company, in pursuance of a scheme or contract, has acquired (with any shares it already held) nine-tenths in value of what is shares in what is transferor company, it must, within a month of what is transfer, give notice of that fact to what is holders of the remaining shares. These holders can then, within three months, require what is transferee company to acquire their shares on what is same terms as what is other shares were acquired or as may be fixed by the Court on what is application of either party. When any payment is to be made to what is directors for compensation for loss of office in connection with any such offer, what is amount of what is payment must be included in what is notice of what is offer sent to what is shareholders (s. 193, ante, p. 123). where is Server.Execute("_SiteMap.asp") %

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