https://www.taxtmi.com/caselaws?id=403564 The National Company Law Tribunal, Special Bench, Mumbai sanctioned a Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013 for the demerger of a Demerged Undertaking into a Resulting Company. The Tribunal found the Scheme fair, compliant with legal provisions, and not against public interest. It set the Appointed Date as April 1, 2019, and directed the Petitioner Companies to file required documents with regulatory authorities within specified timelines. The judgment resolved the issues raised, providing a legal framework for the demerger process. en-us Thu, 23 Jul 2020 00:00:00 +0530 Tue, 02 Feb 2021 14:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403564 The National Company Law Tribunal, Special Bench, Mumbai sanctioned a Scheme of Arrangement under Sections 230 to 232 of the Companies Act, 2013 for the demerger of a Demerged Undertaking into a Resulting Company. The Tribunal found the Scheme fair, compliant with legal provisions, and not against public interest. It set the Appointed Date as April 1, 2019, and directed the Petitioner Companies to file required documents with regulatory authorities within specified timelines. The judgment resolved the issues raised, providing a legal framework for the demerger process. Case-Laws Companies Law Thu, 23 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403564