All sections · Part XI: Mergers, Consolidations And Arrangements · Sub-Part I: Mergers and Consolidations

200 Interpretation

In this Part —

„consolidated company“ means the new company that results from the
consolidation of two or more constituent companies;
„consolidation“ means the consolidating of two or more constituent
companies into a new company;
„constituent company“ means an existing company that is participating in a
merger or consolidation with one or more other existing companies;
„merger“ means the merging of two or more constituent companies into one
of the constituent companies;
„parent company“ means a company that owns at least ninety per cent of the
issued shares of each class of shares in another company;
„subsidiary company“ means a company at least ninety per cent of whose
issued shares of each class of shares are owned by another company;
„surviving company“ means the constituent company into which one or more
other constituent companies are merged.
All questions

Related sections

WhatsApp