Merger & Amalgamation

The following are the motives of merger, Except

• Economies of Scale

• Corporate Synergy

• Diversification

• Increasing earning per share

The acquisition date as per Ind AS 103 should be identified when

• Date on which it obtains control

• Date on which purchase consideration is been paid

• Date on which stamp duty is paid

• (a) or (b) whichever is later

The permission of Competition Commission of India is required if the asset value is

• 350 crore or more

• 500 crore or more

• 1000 crore or more

• 300 crore or more

The permission of Competition Commission of India is required if the turnover is

• 10000 crore or more

• 900 crore or more

• 1000 crore or more

• 5000 crore or more

The merger of Arcelor and Mittal Steel is an example of

• Horizontal Merger

• Vertical Merger

• Concentric Merger

• Conglomerate Merger

The merger of Walt disney and ABC is an example of 

• Horizontal Merger

• Vertical Merger

• Concentric Merger

• Conglomerate Merger

A Ltd amlgamates with B Ltd.  B Ltd held 20% shares in A Ltd and wholly owned subsidiary of B Ltd also held 20% of shares in A Ltd.Then how much shareholding is required for complying with conditions of amalgamation as per section 2(1B)?

• 80%

• 60%

• 45%

• 75%

The following are the reasons for failure of M&A, except

• Overpaying

• Unrealistic expectations

• Diversification

• Inadequate Due-diligence

The merger of Citicorp and Travelers group is an example of

• Reduction of Competition

• Horizontal Merger

• Vertical Merger

• Concentric Merger

Section 170A provides for filing of modified return on account of business reorganisation. In this context, which is the correct option?

• Successor company has to file ITR-A within 6 months from date of order

• Successor company has to file ITR-A within 6 months from appointed date

• Successor company has to file ITR-A within 6 months from end of financial year

• Successor company has to file ITR-A within 6 months from end of the month in which NCLT order was received