Draft Scheme of Arrangement and Scheme of Arrangement

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Full Text of the Document

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....sted entity that has listed non-convertible debt securities or non-convertible redeemable preference shares, intends to undertake a scheme of arrangement or is involved in a scheme of arrangement under sections 230-234 and section 66 of the Companies Act, 2013, shall file the draft scheme of arrangement with the stock exchange(s), along with a non-refundable fee as specified in Schedule XI, for ob....

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Full Text of the Document

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....te of issuance, within which the draft scheme of arrangement shall be filed by the listed entity with the National Company Law Tribunal. (4) Upon sanction of the Scheme by the National Company Law Tribunal, the listed entity shall submit such documents, to the stock exchange(s), as may be specified by the Board and/ or stock exchange(s) from time to time. (5) The listed entity shall ensure compl....