This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
NCLT Dispenses with Meetings as Raymonds Wholly Owned Subsidiary Merger Required No Share Exchange
Case Law Details
- Case Name
- In re Everblue Apparel Limited (NCLT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
Upgrade to Basic or Premium to download.
Already Upgraded? Log in.
Advertisement
In re Everblue Apparel Limited (NCLT Mumbai)
The National Company Law Tribunal (NCLT), Mumbai Bench, allowed the company scheme application filed by Everblue Apparel Limited (EBAL), the Transferor Company, and Raymond Limited (RL), the Transferee Company, seeking directions in relation to a Scheme of Amalgamation under Sections 230 to 232 of the Companies Act, 2013.
The application sought dispensation of meetings of the equity shareholders, secured creditors, and unsecured creditors of both applicant companies in connection with the proposed amalgamation.
The Board of Director...
Author Info
