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NCLT JUDGEMENT ON SECTION 133, 230, 231, 232, 234 OF THE COMPANIES ACT, 2103 AND REGULATION 37 OF THE SECURITIES AND EXCHANGE BOARD OF INDIA (LISTING OBLIGATIONS AND DISCLOSURE REQUIREMENTS) REGULATIONS, 2015

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Right Match Holdings Limited Vs. R Systems International Limited, (2020) 05 NCLT CK 0011 NCLT allowed the petition filed by the applicant under Sections 230-232, Section 234 of the Companies Act, 2013 (hereinafter referred to as 'the Act') by the Applicant/Transferee Company in connection with the Scheme of Merger for merging its business with the Transferor Company. While allowing the petition NCLT held that taking into consideration the application and the documents filed herewith, we propose to issue the directions with respect to calling, convening and holding the meeting of Equity Shareholders, secured and unsecured creditors or dispensing the same.