https://www.taxtmi.com/caselaws?id=464474 NCLT, Mumbai sanctioned a scheme of demerger under Sections 230-232, Companies Act, 2013, holding the scheme fair, reasonable, legally compliant and not contrary to public policy. All statutory compliances were satisfied, the petition filed by the petitioner companies was made absolute and allowed, and the scheme was sanctioned with an Appointed Date of 1 April 2021. en-us Mon, 07 Mar 2022 00:00:00 +0530 Fri, 31 Oct 2025 19:09:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464474 NCLT, Mumbai sanctioned a scheme of demerger under Sections 230-232, Companies Act, 2013, holding the scheme fair, reasonable, legally compliant and not contrary to public policy. All statutory compliances were satisfied, the petition filed by the petitioner companies was made absolute and allowed, and the scheme was sanctioned with an Appointed Date of 1 April 2021. Case-Laws Companies Law Mon, 07 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464474