https://www.taxtmi.com/caselaws?id=305611 The Tribunal sanctioned the Composite Scheme of Arrangement between Aditya Birla Nuvo Limited, Grasim Industries Limited, and Aditya Birla Financial Services Limited, finding it genuine and in the interest of shareholders and creditors. Compliance with Tribunal directions for meetings and modifications due to shareholding changes were approved. The Scheme was deemed binding, leading to the dissolution of Aditya Birla Nuvo Limited without winding up. Official Liquidators' fees were quantified and directed to be paid, with authorities instructed to act on the authenticated order and Scheme. en-us Thu, 01 Jun 2017 00:00:00 +0530 Thu, 15 Dec 2022 10:01:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=305611 The Tribunal sanctioned the Composite Scheme of Arrangement between Aditya Birla Nuvo Limited, Grasim Industries Limited, and Aditya Birla Financial Services Limited, finding it genuine and in the interest of shareholders and creditors. Compliance with Tribunal directions for meetings and modifications due to shareholding changes were approved. The Scheme was deemed binding, leading to the dissolution of Aditya Birla Nuvo Limited without winding up. Official Liquidators' fees were quantified and directed to be paid, with authorities instructed to act on the authenticated order and Scheme. Case-Laws Companies Law Thu, 01 Jun 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=305611