https://www.taxtmi.com/caselaws?id=112670 The Court approved the demerger scheme, involving the merger of IBN 7 with Global Broadcast News Limited. Meetings were held for equity shareholders and creditors, resolutions were passed, and compliance issues were addressed. The scheme aimed to consolidate business operations, had shareholder and creditor approval, and was previously sanctioned by the Delhi High Court. The Court found the scheme compliant with legal provisions, not prejudicing public interest or stakeholders, and allowed the demerger with specified dates upon filing with the Registrar of Companies. en-us Tue, 23 Sep 2008 00:00:00 +0530 Fri, 28 Nov 2014 09:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112670 The Court approved the demerger scheme, involving the merger of IBN 7 with Global Broadcast News Limited. Meetings were held for equity shareholders and creditors, resolutions were passed, and compliance issues were addressed. The scheme aimed to consolidate business operations, had shareholder and creditor approval, and was previously sanctioned by the Delhi High Court. The Court found the scheme compliant with legal provisions, not prejudicing public interest or stakeholders, and allowed the demerger with specified dates upon filing with the Registrar of Companies. Case-Laws Companies Law Tue, 23 Sep 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112670