https://www.taxtmi.com/caselaws?id=278246 The court sanctioned the scheme of arrangement between Bharti Airtel Ltd. and Bharti Infratel Ltd., reorganizing telecom infrastructure operations for efficient management. The objections raised by the Regional Director, Ministry of Company Affairs, were addressed, including detailing assets and liabilities and voting by unsecured creditors. Approval was unanimous by equity shareholders and creditors. All assets, liabilities, legal proceedings, contracts, employee transfers, tax credits, and expenses were addressed in the court order. The scheme is binding on all shareholders and creditors, effective upon filing with the Registrar of Companies, with directions for implementation. en-us Mon, 26 Nov 2007 00:00:00 +0530 Sat, 19 Jan 2019 15:14:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=278246 The court sanctioned the scheme of arrangement between Bharti Airtel Ltd. and Bharti Infratel Ltd., reorganizing telecom infrastructure operations for efficient management. The objections raised by the Regional Director, Ministry of Company Affairs, were addressed, including detailing assets and liabilities and voting by unsecured creditors. Approval was unanimous by equity shareholders and creditors. All assets, liabilities, legal proceedings, contracts, employee transfers, tax credits, and expenses were addressed in the court order. The scheme is binding on all shareholders and creditors, effective upon filing with the Registrar of Companies, with directions for implementation. Case-Laws Companies Law Mon, 26 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=278246