CCI approves Composite Scheme of Arrangement and Amalgamation between Shriram Group Companies https://www.taxtmi.com/news?id=25656 Approval under the Competition Act was granted for a composite scheme involving amalgamations and demergers among Shriram group companies, reallocating undertakings and investments: amalgamation of a consultancy into a capital company; demerger of the capital company's financial services undertaking into an investment holding company; demerger of its life and general insurance undertakings into separate insurance holding companies; and amalgamations consolidating the capital company and two finance companies. en-us Tue, 02 Aug 2022 17:26:50 +0530 Tue, 02 Aug 2022 17:26:50 +0530 TaxTMI RSS Generator CCI approves Composite Scheme of Arrangement and Amalgamation between Shriram Group Companies https://www.taxtmi.com/news?id=25656 Approval under the Competition Act was granted for a composite scheme involving amalgamations and demergers among Shriram group companies, reallocating undertakings and investments: amalgamation of a consultancy into a capital company; demerger of the capital company's financial services undertaking into an investment holding company; demerger of its life and general insurance undertakings into separate insurance holding companies; and amalgamations consolidating the capital company and two finance companies. News - Tue, 02 Aug 2022 17:26:50 +0530 https://www.taxtmi.com/news?id=25656