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No Objections Filed: NCLT Chandigarh Approves Haldirams Snacks Scheme

Case Law Details

TaxGuru Citation
2024 taxguru.in 6028
Case Name
Haldirams Snacks Private Limited Vs Haldiram Foods International Private Limited (NCLT Chandigarh)
Date of Judgement/Order
Only available for paid members
Courts
NCLT
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Haldirams Snacks Private Limited Vs Haldiram Foods International Private Limited (NCLT Chandigarh)

Chandigarh Bench of NCLT in case of Haldirams Snacks Private Limited [CA (CAA) No.42/Chd/Hry/2023 (1st Motion) And CA No. 178/23]:NCLT approved a scheme on 19 January 2024, with an appointed date of 1 April 2024. No objections to the future appointed date were filed by the NCLT and the scheme was accepted.

FULL TEXT OF THE NCLT JUDGMENT/ORDER

This is a joint First Motion Application filed by Applicant Companies namely; Haldirams Snacks Private Limited (for short hereinafter referred to as Applicant Company No.1/demerged company no.1) and Haldiram Foods International Private Limited (for short hereinafter referred to as Applicant No.2/ demerged company no.2) and Haldiram Snacks Food Private Limited (for short hereinafter referred to as Applicant No. 3/resulting company) under Section 230 to 232 read with Section 66 of the Companies Act, 2013 (the Act) read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 (the Rules) in relation to the Scheme of Arrangement between the Applicant Companies. The said Scheme is attached as Annexure E of the Application.

2. It is submitted in the application that the applicant company No.1 was originally incorporated as private limited company under the name and style of “Haldiram Food Products Private Limited” and subsequently the name of the company was changed to “Haldiram Snacks Private Limited” vide certificate issued by Registrar of Companies, Delhi and Haryana dated 07.10.1993. The Registered office of the company was shifted from National Capital Territory of Delhi to the State of Haryana vide certificate issued by Registrar of Companies, Delhi and Haryana dated 10.05.2023. The Company, at present, is having its registered office at Haldiram-Village Kherki Daula, Delhi-Jaipur Highway, Gurugram-122001, Haryana, India, which is situated in the State of Haryana and, therefore, it is under the territorial jurisdiction of this Bench.

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