Choose the code representing the correct sequence of steps in a merging transaction nbsp nbsp 2 mark......

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Choose the code representing the correct sequence of steps in a merging transaction : (2 marks)

(I) Screening and investigation of merger proposal.

(II) Approval of Central Government

(III) Approval of respective High Courts

(IV) Negotiation Stage

(V) Approval of proposal by Board of Directors, Shareholders and Creditors

Codes :

(I) → (V) → (IV) → (III) → (II)

(I) → (IV) → (V) → (III) → (II)

(I) → (IV) → (III) → (V) → (II)

(I) → (III) → (V) → (II) → (IV)

Explanation:

(I) → (V) → (IV) → (III) → (II)

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