NCLT JUDGEMENT ON SECTION 230, 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 In Re: Indusind Media And Communications Limited And Ors Vs., (2020) 08 NCLT CK 0010 NCLT allowed the Petition filed by the Petitioner seeking sanction under sections 230 to 232 of the Companies Act, 2013 of the Scheme of Arrangement between the Demerged Company'/Petitioner Company 1 and the Resulting Company/Petitioner Company 2 and their respective shareholders. While allowing the Petition NCLT held that from the material on record, the Scheme appears to be fair and reasonable and does not violate of any provisions of law and is not contrary to public policy. Since all the requisite statutory compliances have been f...