Amalgamation of Maruti Suzuki and Suzuki Motors Gujarat Approved

Maruti Suzuki India Limited Vs Suzuki Motor Gujarat Private Limited (NCLT Principle Bench) NCLT Principal bench held that scheme of Merger by Amalgamation between Maruti Suzuki India Limited and Suzuki Motors Gujarat Private Limited as proposed by the Petitioner Companies under Sections 230 to 232 of the Companies Act, 2013 is sanctioned. Facts- The present Joint Petition is filed by the petitioner companies herein, M/s Suzuki Motor Gujarat Private Limited (Transferor Company) and M/s Maruti Suzuki India Limited (Transferee Company) under Section 230-232 of the Companies Act, 2013 read with R...