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PROFESSIONAL PROGRAMME - ICSI

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2A. (a) In case of taking over of a listed company, draft a suitable Board Resolution with regard to the following . (i) Appointment of a merchant banker (ii) opening of escrow account. (5 marks each) (b) Discuss the economic benefits of mergers. (5 marks) 3. (a) Discuss broadly, the process involved in Mergers.

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