905 Draft terms of scheme (merger)

Requirements applicable to merger

905  Draft terms of scheme (merger)

(1)     A draft of the proposed terms of the scheme must be drawn up and adopted by the directors of the merging companies.

(2)     The draft terms must give particulars of at least the following matters—

(a)     in respect of each transferor company and the transferee company—

(i)     its name,

(ii)     the address of its registered office, and

(iii)     whether

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