Merger and acquisition are company restructuring tools that are incorporated by the company professionals for expansion and diversification of the business to achieve the objectives for which the company was formed.
According to rule 8 of the Companies (Appointment and Remuneration of Managerial Personnel) act 2013, states that it is mandatory for all the listed companies and public companies having share up capital of INR 10 crore to appoint KMP.
Voting Rights of Equity Shareholder Equity shareholders in a company are the main shareholder of the company but when the distribution of share is done the preference shareholder will be the first one to be distributed the dividend.
Wholly owned subsidiary Any company which is completely owned by another company such as a parent or holding company is known as a wholly owned subsidiary.