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NCLT Sanctions Godrej Properties Merger; Keeps Income Tax Department’s Section 68 Powers Intact
Case Law Details
- Case Name
- In re Embellish Houses Private Limited with Godrej Properties Limited (NCLT Mumbai)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- NCLT
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In re Embellish Houses Private Limited with Godrej Properties Limited (NCLT Mumbai)
The National Company Law Tribunal, Mumbai Bench, considered a petition under Sections 230 to 232 of the Companies Act, 2013 seeking sanction of the Scheme of Amalgamation of Embellish Houses Private Limited (Transferor Company) with Godrej Properties Limited (Transferee Company) and their respective shareholders. The Tribunal heard the counsel for the applicant companies and the Representative of the Regional Director (Western Region), Ministry of Corporate Affairs. No objector appeared to oppo...
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