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NCLT Orders Shareholder & Creditor Meetings as Renault Group Seeks Composite Restructuring
Case Law Details
- Case Name
- In re Renault Nissan Automotive India Private Limited (NCLT Chennai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
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- Courts
- NCLT
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In re Renault Nissan Automotive India Private Limited (NCLT Chennai)
The National Company Law Tribunal (NCLT), Chennai Bench, allowed a company application filed under Sections 230 to 232 of the Companies Act, 2013 seeking directions in relation to a Composite Scheme of Arrangement involving Renault Nissan Automotive India Private Limited (Demerged/Amalgamating Company), Renault India Powertrain Private Limited (Resulting Company), and Renault India Private Limited (Amalgamated Company). The Scheme provides for the demerger of the powertrain manufacturing business from the fir...
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