NCLT JUDGEMENT ON SECTION 230, 231, 232 OF THE COMPANIES ACT, 2013
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 Garg Petroleum Private Limited And Ors Vs. Eclear Leasing And Finance Private Limited, (2020) 07 NCLT CK 0006 NCLT allowed the Petition filed by the Petitioner Company, under Section 230 to 232 of the Companies Act, 2013 r/w the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 for the purpose of the approval of the Scheme of Amalgamation, as contemplated between the Companies and its Shareholders by way of Amalgamation of Transferor Companies with the Transferee Company. While allowing the application NCLT held that the Scheme provides for the rationale of the amalgamation, it states that the proposed amal...