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Case Law Details

Case Name : RHI India Private Limited & Ors. (Appellants) Vs Union of India (NCLAT)
Related Assessment Year :
Courts : NCLAT
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RHI India Private Limited & Ors. (Appellants) Vs Union of India (NCLAT)

Fact of the case:

Appellants presented a scheme of amalgamation for approval of the Tribunal for merging 1st appellant (RHI India Private Limited) and 2nd appellant (RHI Clasil Private Limited) in 3rd appellant (Orient Refractories Limited). The rationale for the scheme is simplification of the corporate structure. The NCLT Mumbai bench, has rejected the scheme filed by the Appellants stating that the appointe

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