Examples of Transferor Company in a sentence
The Transferor Company shall continue to carry on its business activities, other than the Depository Undertaking, and all the assets, liabilities and obligations pertaining to the businesses other than the Depository Undertaking arising prior to, on or after the Appointed Date shall continue to belong to, be vested in and be managed by the Transferor Company.
The Transferor Company and the Transferee Company shall bear and pay their respective compliance & legal costs (including fees to High Court, Corporate Law authorities, etc.), taxes including duties, levies, etc.
The Transferor Company and the Transferee Company shall, with all reasonable dispatch, make necessary applications / petitions, under Sections 391 to 394 read with Sections 100 to 103 of the Act and other applicable provisions of the Act to the High Court(s) for seeking sanction of this Scheme.
Any other costs, charges and all other expenses (including professional charges), arising out of, or incurred in implementing this Scheme, shall be borne by the Transferor Company.