https://www.taxtmi.com/caselaws?id=399198 The National Company Law Tribunal (NCLT) Ahmedabad Bench approved the Scheme of Arrangement involving the transfer of the Cable Business Undertaking from Torrent Power Limited to TCL Cables Private Limited. The Scheme was supported by valuation reports and fairness opinions, and various reliefs were granted, including exemptions from certain meeting requirements. Meetings were conducted via video conferencing, and statutory compliance with relevant stakeholders and authorities was ensured. The Applicant Companies were directed to report meeting results and fulfill all procedural requirements as per the Companies (CAA) Rules, 2016, leading to the disposal of the application. en-us Tue, 30 Jun 2020 00:00:00 +0530 Tue, 06 Oct 2020 11:50:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399198 The National Company Law Tribunal (NCLT) Ahmedabad Bench approved the Scheme of Arrangement involving the transfer of the Cable Business Undertaking from Torrent Power Limited to TCL Cables Private Limited. The Scheme was supported by valuation reports and fairness opinions, and various reliefs were granted, including exemptions from certain meeting requirements. Meetings were conducted via video conferencing, and statutory compliance with relevant stakeholders and authorities was ensured. The Applicant Companies were directed to report meeting results and fulfill all procedural requirements as per the Companies (CAA) Rules, 2016, leading to the disposal of the application. Case-Laws Companies Law Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399198