| Commentary

250 Expert’s report

| Commentary

250 Expert’s report

Each of the merging companies or each company involved in the division (as the case may be) must arrange for a written expert’s report1 on the draft terms to be drawn up for the benefit of its members2. The expert must be independent and a person who is eligible for appointment as a statutory auditor3. All the merging companies or all the companies involved in the division (as the case may be), however, may apply jointly to the court to approve the appointment of a joint expert to draw up a single report on behalf of all

To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to LexisLibrary or register for a free trial