Delta Corp Gets NCLT Approval to Convene Meetings for Hospitality & Gaming Business Separation

In re Delta Corp Limited (NCLT Mumbai) The National Company Law Tribunal (NCLT), Mumbai Bench, considered a first motion joint company scheme application filed by four companies under Sections 230 to 232 of the Companies Act, 2013, seeking directions in relation to a Composite Scheme of Arrangement involving demerger and amalgamation. The application was filed on 16 September 2025. The registered offices of all four applicant companies are located in Maharashtra, bringing the matter within the Tribunal’s territorial jurisdiction. The Boards of Directors of all applicant companies approved th...