Examples of Transferor Company 1 in a sentence
The share capital structure of the Transferor Company 1 as on June 15, 2013 is as under: A.
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.
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.
REDUCTION OF SHARE CAPITAL TO BE UNDERTAKEN BY TRANSFEROR COMPANY 11.1 As at the Appointed Date, the authorised share capital of Transferor Company 1 was Rs. 1,350,000,000 (Rupees one billion three hundred fifty millions) and the paid up equity share capital of Transferor Company 1 was Rs. 1,310,870,160 (Rupees One billion three hundred ten millions eight hundred seventy thousand one hundred sixty).
The Transferor Company 1 is primarily engaged in the business of making investments in equity shares, preference shares, venture funds, mutual funds and other securities.