NCLT Dispenses with Shareholders’ Meetings Due to Unanimous Affidavit Consents

In re Resolute Corp Bharatp Pvt. Ltd. (NCLT Ahmedabad) The National Company Law Tribunal (NCLT), Ahmedabad Bench, considered a joint company application filed under Sections 230 to 232 of the Companies Act, 2013 seeking directions in relation to a proposed Scheme of Arrangement involving the demerger of the Agro Commodity Trading business of the Demerged Company into the Resulting Company on a going concern basis. The Scheme proposed an appointed date of 1 April 2026. The applicant companies submitted that both companies had their registered offices within the jurisdiction of the Registrar of ...