Common use of PARTS OF THE SCHEME Clause in Contracts

PARTS OF THE SCHEME. This Scheme is divided into the following parts: (a) PART I, which is a general section, is further divided into two parts, providing (A) definitions applicable to this Scheme; (B) details of the share capital and shareholding structure of the Transferor Company and the Transferee Company; (b) PART II, which deals with reduction of the Share Capital of the Transferee Company; (c) PART III which deals with the provisions and terms based on which the merger of the Transferor Company into the Transferee Company shall take place; and (d) PART IV, which deals with general terms and conditions applicable to the Scheme.

Appears in 2 contracts

Sources: Scheme of Arrangement, Scheme of Arrangement