NCLT JUDGEMENT ON RULE 16 OF THE COMPANIES (COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS) RULES, 2016 AND SECTION 133, 230, 230(1)(B), 230(8), 231, 232 OF THE COMPANIES ACT, 2013

 

 

 

 

NAME

MOBILE NO.

E-MAIL I’D

RANJEET KUMAR

8383098478, 9667769795

rk@courtkutchehry.com

JAI THAKUR

8130703334, 9355723300

jai.thakur@courtkutchehry.com

RAJEEV RANJAN

9334553249

rajiv.ranjan@courtkutchehry.com

ASHOK MISHRA

9718327746

sales@courtkutchehry.com

RAVI KUMAR


ravi.singh@courtkutchehry.com

Nanak Consultants Private Limited And Ors Vs. Osiatic Consultants And Investments Private Limited, (2020) 06 NCLT CK 0039

NCLT allowed the petition filed by the petitioner under Sections 230 & 232 of the Companies Act, 2013 read with Rules framed there under, as in force from time to time, for the Sanction of the proposed Scheme of Amalgamation. While allowing the petition NCLT held that upon considering the approval accorded by the members and creditors of the petitioner Companies to the proposed Scheme, and the affidavit by the Regional Director, Northern Region, Ministry of Corporate Affairs reply submitted by the Transferee Company and the report of the Official Liquidator and, there appears to be no impediment in sanctioning the present Scheme. Consequently, sanction is hereby granted to the Scheme under Section 230 to 232 of the Companies Act, 2013. The petitioner shall however remain to bound to comply with the statutory requirements in accordance with the law.

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