https://www.taxtmi.com/caselaws?id=291881 The court approved the Composite Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, involving the demerger of Delta Infosolutions Private Limited into Datamatics Infotech Services Private Limited and the amalgamation of the residual Delta Infosolutions Private Limited into Datamatics Global Services Limited. The scheme aimed at streamlining shareholding structures, enhancing growth opportunities, and ensuring compliance with statutory requirements. Shareholders and regulatory authorities were involved in the approval process, with detailed procedures outlined for notice issuance, meeting requirements, and compliance reporting. The judgment emphasized adherence to legal provisions for the successful implementation of the scheme. en-us Fri, 08 Mar 2019 00:00:00 +0530 Sat, 28 Nov 2020 09:16:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=291881 The court approved the Composite Scheme of Arrangement under sections 230 to 232 of the Companies Act, 2013, involving the demerger of Delta Infosolutions Private Limited into Datamatics Infotech Services Private Limited and the amalgamation of the residual Delta Infosolutions Private Limited into Datamatics Global Services Limited. The scheme aimed at streamlining shareholding structures, enhancing growth opportunities, and ensuring compliance with statutory requirements. Shareholders and regulatory authorities were involved in the approval process, with detailed procedures outlined for notice issuance, meeting requirements, and compliance reporting. The judgment emphasized adherence to legal provisions for the successful implementation of the scheme. Case-Laws Companies Law Fri, 08 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=291881