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HC may sanction non tax neutral demerger
Case Law Details
- Case Name
- In re Indo Rama Textile Ltd. (Delhi High Court)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All High Courts, Delhi High Court
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HIGH COURT OF DELHI
Indo Rama Textile Ltd., In re
MANMOHAN, J.
CO.PET. No. 4 OF 2003
Co. Appl. No. 762 of 2009
JULY 23, 2012
JUDGMENT
CO. APPL. 762/2009
1. Present application being Co. Appl.762/2009 has been filed under Section 392(1)(b) of the Companies Act, 1956, (hereinafter referred to as “Act, 1956″) on behalf of the Spentex Industries Limited (hereinafter referred to as ”Applicant”) for modification of a Scheme sanctioned by this Court on 27th February, 2003 as well as for an order directing the respondent-Indo Rama Synthetics Limited (for shor...
