Case Law Details
Case Name : In re Adani Green Technology Ltd. (NCLT Ahmedabad)
Related Assessment Year :
Courts :
NCLT
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In re Adani Green Technology Ltd. (NCLT Ahmedabad)
NCLT Ahmedabad held that composition scheme of arrangement aimed at consolidating Adani Group’s renewable energy and green hydrogen with Adani New Industries Ltd. and Adani Enterprises Ltd. is sanctioned.
Facts- This joint Company Petition has been filed by the petitioner companies under Sections 230 to 232 read with other applicable provisions of the Companies Act and the Companies (Compromise, Arrangement and Amalgamations) Rules, 2016, seeking approval of the proposed Scheme of Arrangement (Scheme).
Conclusion- After analysing the Schem...
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