Importance Of Appointed Date & Effective Date in Restructuring

In the case of merger and demerger, two dates are crucial, the "Appointed Date" and secondly the "Effective Date". Corporate managers spend a lot of time to plan the exact timing of these dates. 'Appointed Date' is normally arranged to secure the interests & objects of the respective companies. And 'Effective Date' is finalized by High Court depends on upon filing of a final order of High Court with Registrar of Companies. ..»