Transferee Company 1 definition

Transferee Company 1 means "IOTEC".
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Transferee Company 1 means Brigade Hotel Ventures Limited is a company incorporated under the Companies Act, 2013 having its registered office at 29th & 30th Floor, World Trade Center, Brigade Gateway Campus, 26/1 Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bangalore - 560055[was incorporated on 24th August, 2016 (CIN U74999KA2016PLC095986).
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Transferee Company 1 or “Seven Star” means Seven Star Fruits Private Limited (Corporate Identification Number: U74899MH1993PTC192449), a private limited company incorporated under provisions of the Companies Act, 2013 and having its registered office at 00, Xxx Xxxxx, 84, Veer Nariman Road, Mumbai 400 020.
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Examples of Transferee Company 1 in a sentence

  • Further, Transferee Company 1 shall be deemed to be authorized to execute any such deeds, writings or confirmations on behalf of Transferor Company and to implement or carry out all formalities required on the part of the Transferred Undertaking 1 of Transferor Company to give effect to the provisions of this Scheme.

  • Upon the Scheme becoming effective, the Transferee Company 1 shall account for the Scheme as under:.12.ii.1. The Transferee Company 1 shall account for the transfer and vesting of the Transferred Undertaking 1 in its books of accounts as per the “Pooling of Interest Method” prescribed under the Indian Accounting Standard 103- “Business Combination” notified under Section 133 of the Act read with relevant rules issued thereunder and other applicable accounting standards prescribed under the Act.

  • This Scheme (as defined hereinafter) is divided into the following sections: 2.1 SECTION I Transfer by way of a Slump Sale of the EPC Business (As defined hereinafter) to the Transferee Company 1.

  • Part B deals with the transfer of EPC Business (as defined hereinafter) of the Transferor Company, and transfer and vesting of the same with Transferee Company 1 on a going concern basis by way of a Slump Sale (as defined hereinafter) under Sections 230 to 232 of the Act and/ or other relevant provisions of the Act.

  • It is hereby clarified that the accumulated balances, if any, standing to the credit of the employees in the existing provident fund, gratuity fund and superannuation fund of which the employees of the Transferor Company 1 and Transferor Company 2, are members shall be transferred to such provident fund, gratuity fund and superannuation fund of the Transferee Company 1 or to be established and caused to be recognized by the appropriate authorities, by the Transferee Company 1.

  • Notwithstanding the foregoing, it is hereby clarified that it is the intention of the Transferor Company and the Transferee Company 1 to transfer all assets and liabilities in relation to the Transferred Undertaking 1 as a “going concern” and that the provision of this clause 5.3 are interim in nature and are not intended to alter the nature of the transaction, as contemplated under this scheme .

  • The Transferee Company 1 shall enter into and/or issue and/or execute deeds, writings or confirmations or enter into any tripartite arrangements, confirmations or novations, to which Transferor Company will, if necessary, also be party in order to give formal effect to the provisions of this Scheme, if so required.

  • The Transferor Company will reduce in its books of accounts, the book value of assets and liabilities pertaining to the Transferred Undertaking 1 transferred to the Transferee Company 1.

  • The Transferee Company 1 undertakes to continue to abide by any agreement/settlement, if any, validly entered into by the Transferor Company 1 and Transferor Company 2 with any union/employee of the Transferor Company 1 and Transferor Company 2, as the case may be.

  • The Transferee Company 2 is a subsidiary of Transferee Company 1.


More Definitions of Transferee Company 1

Transferee Company 1 means as referred to in clause 1.2 of this Scheme.
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Transferee Company 1 shall have the meaning set out in paragraph A(v) of the Preamble;
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Related to Transferee Company 1

  • Transferee Company means any company or body corporate established in the Islands or in any other jurisdiction.

  • Nominee Company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

  • Existing Shareholder means any Person that is a holder of Ordinary Shares as of December 8, 2017.

  • Company Secretary means a company secretary as defined in clause (c) of sub-section (1) of section 2 of the Company Secretaries Act, 1980 (56 of 1980) and who has obtained a certificate of practice under sub-section (1) of section 6 of that Act;

  • Investee Company means any company or entity in which a Fund has invested or which has issued debt securities to a Fund;

  • Masterworks Investor refers to an affiliate of Masterworks that has raised capital from unaffiliated third party investors to invest the proceeds in a diversified collection of artwork and which acquires Class A Ordinary Shares as part of such investment strategy.

  • Company Shareholder means a holder of Company Shares.

  • MB means megabyte, which is equal to 1024 kilobytes or 1,048,576 bytes of digital information.

  • Actual torso angle means the angle measured between a vertical line through the "H" point and the torso line using the back angle quadrant on the 3-D H machine. The actual torso angle corresponds theoretically to the design torso angle (for tolerances, see paragraph 3.2.2. below).

  • Soliciting Shareholder means, with respect to any Special Meeting demanded by a shareholder or shareholders, any of the following Persons:

  • Principal Shareholder means any corporation, Person or other entity which is the beneficial owner, directly or indirectly, of five percent (5%) or more of the outstanding Shares of all outstanding classes or series and shall include any affiliate or associate, as such terms are defined in clause (ii) below, of a Principal Shareholder. For the purposes of this Section, in addition to the Shares which a corporation, Person or other entity beneficially owns directly, (a) any corporation, Person or other entity shall be deemed to be the beneficial owner of any Shares (i) which it has the right to acquire pursuant to any agreement or upon exercise of conversion rights or warrants, or otherwise (but excluding share options granted by the Trust) or (ii) which are beneficially owned, directly or indirectly (including Shares deemed owned through application of clause (i) above), by any other corporation, Person or entity with which its “affiliate” or “associate” (as defined below) has any agreement, arrangement or understanding for the purpose of acquiring, holding, voting or disposing of Shares, or which is its “affiliate” or “associate” as those terms are defined in Rule 12b-2 of the General Rules and Regulations under the Securities Exchange Act of 1934, and (b) the outstanding Shares shall include Shares deemed owned through application of clauses (i) and (ii) above but shall not include any other Shares which may be issuable pursuant to any agreement, or upon exercise of conversion rights or warrants, or otherwise.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Acquirer means a business organization, financial institution, or an agent of a business organization or financial institution that has authority from an organization that operates or licenses a credit card system to authorize merchants to accept, transmit, or process payment by credit card through the credit card system for money, goods or services, or anything else of value.

  • New Company has the meaning given to it in Clause 21.3 of the Trust Deed;

  • Departing Partner means a former General Partner from and after the effective date of any withdrawal or removal of such former General Partner pursuant to Section 11.1 or 11.2.

  • Qualifying corporation means any person classified for federal income tax purposes as an association taxable as a corporation, except either of the following:

  • POPIA means the Protection of Personal Information Act 4 of 2013;

  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Founder means, in respect of an issuer, a person who,

  • MUSL means the Multi-State Lottery Association, a government-benefit association wholly owned and operated by the Party Lotteries.

  • HARGA RIZAB Hartanah tersebut akan dijual “dalam keadaan xxxxx xxx” xxx tertakluk kepada satu harga rizab sebanyak RM180,000.00 (RINGGIT MALAYSIA SATU XXXXX XXXXX PULUH RIBU SAHAJA) xxx tertakluk kepada Syarat-Syarat Jualan xxx kebenaran (jika perlu) daripada Pihak Pemaju/Xxxx Punya xxx/atau pihak-pihak xxxx xxxx berkenaan. Jualan hartanah tersebut akan dikenakan cukai berdasarkan mana-mana Akta terkini atau selepasnya yang dikuatkuasa oleh Kerajaan Malaysia yang mana berkenaan.

  • Harbour Master means the ABP Harbour Master or Dock Master for the Port (as appropriate) or their authorised representative;

  • Company Shareholders means holders of Company Shares.

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Beneficial shareholder means the person who is a beneficial owner of shares held in a voting trust or by a nominee as the record shareholder.