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[Cites 0, Cited by 0] [Section 236] [Entire Act]

Union of India - Subsection

Section 236(5) in The Companies Act, 2013

(5)In the event of a purchase under this section, the transferor company shall act as a transfer agent for receiving and paying the price to the minority shareholders and for taking delivery of the shares and delivering such shares to the majority, as the case may be.