Posts

NCLT JUDGEMENT ON RULE 8 OF THE COMPANIES (COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS) RULES, 2016 AND SECTION 13, 14, 230, 230(1), 230(2), 230(3), 230(4), 230(5), 231, 232, 232(3)(I), 232(6) OF THE COMPANIES ACT, 2013

Image
        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Fairchem Speciality Limited And Ors Vs. Fairchem Organics Limited And Ors, (2020) 06 NCLT CK 0004 NCLT allowed the application filed by the applicant under Section 230 to 232 of the Companies Act, 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016   to the Composite Scheme of Arrangement and Amalgamation (the Scheme) between (Demerged/Transferee Company /First Petitioner) and (Resulting Company/Second Petitioner) and (Transferor Company / Third Petitioner) and their respective Shareholders. While allowing the application NCLT held that from the material on record, the Scheme appears t...

NCLT JUDGEMENT ON SECTION 74(A) OF THE INCOME TAX ACT, 1961 AND SECTION 133, 210, 211, 212, 213, 214, 215, 216, 217, 218, 219, 220, 221, 222, 223, 224, 225, 226, 227, 230, 231, 232 OF THE COMPANIES ACT, 2013

Image
        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Corteco India Private Limited Vs. Freudenberg-NoK Private Limited, (2020) 06 NCLT CK 0020 NCLT allowed the application filed by the applicant under Section 230 to 232 of the Companies Act, 2013 read with the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 and the National Company Law Tribunal Rules, 2016, for the purpose of the approval of the Scheme of Amalgamation of the Transferor Company with the Transferee Company. While allowing the application NCLT held that In the case of Hindustan Lever Employees Union Vs. Hindustan Lever Limited (1995) 5 SCC 4913 the three judges bench of Hon'ble Supreme Court h...

NCLT JUDGEMENT ON SECTION 235, 236, 237, 238, 239, 240, 241, 242, 243, 244, 245, 246, 247, 248, 249, 250, 251 OF THE COMPANIES ACT, 2013 AND SECTION 230, 230(7), 231, 232, 232(3) OF THE COMPANIES ACT, 1956

Image
        NAME MOBILE NO. E-MAIL I’D RANJEET   KUMAR 8383098478 ,  9667769795 rk@courtkutchehry.com JAI THAKUR 8130703334 ,  9355723300 jai.thakur@courtkutchehry.com RAJEEV   RANJAN 9334553249 rajiv.ranjan@courtkutchehry.com ASHOK   MISHRA 9718327746 sales@courtkutchehry.com RAVI   KUMAR ravi.singh@courtkutchehry.com Apollo Hospitals Enterprise Limited Vs. Apollo Pharmacies Limited And Ors, (2020) 07 NCLT CK 0012 NCLT allowed the petition filed by the Transferor Company for the purpose of the approval of the Scheme of Arrangement for acquisition of front-end retail pharmacy business of the Transferor Company by the Transferee Company. While allowing the petition NCLT held after analyzing the Scheme in detail, this Tribunal is of the considered view that the scheme as contemplated between the petitioner companies would be beneficial to the Company and will not be in any way detrimental to the interest of the shareholders of the Company. ...