Common use of DATE OF TAKING EFFECT AND OPERATIVE DATE Clause in Contracts

DATE OF TAKING EFFECT AND OPERATIVE DATE. 25.1 The Scheme as set out herein in its present form, or with any modification(s) or amendment(s) approved, imposed or directed by the NCLT or any other appropriate authority and acceptable to the Board of Resulting Company, shall be effective from the Appointed Date, as defined in Section 232 (6) of the Act, but shall be operative from the Effective Date.

Appears in 1 contract

Samples: Composite Scheme of Arrangement

AutoNDA by SimpleDocs

DATE OF TAKING EFFECT AND OPERATIVE DATE. 25.1 3.1. The Scheme as set out herein shall be effective in its present form, form or with any modification(s) approved or amendment(s) approved, imposed or directed by the NCLT or any other appropriate authority and acceptable to the Board of Resulting Company, shall be become effective from the Appointed Date, Date as defined in Section 232 (6232(6) of the Act, but shall be operative from the Effective Date.Act in terms of clause

Appears in 1 contract

Samples: Composite Scheme of Arrangement

DATE OF TAKING EFFECT AND OPERATIVE DATE. 25.1 38.1 The Scheme as set out herein in its present form, or with any modification(s) or amendment(s) approved, imposed or directed by the NCLT or any other appropriate authority and acceptable to the Board of Resulting Transferee Company, shall be effective from the Appointed Date, as defined in Section 232 (6) of the Act, but shall be operative from the Effective Date.

Appears in 1 contract

Samples: Composite Scheme of Arrangement

AutoNDA by SimpleDocs

DATE OF TAKING EFFECT AND OPERATIVE DATE. 25.1 The Scheme as set out herein shall be effective in its present form, form or with any modification(s) approved or amendment(s) approved, imposed or directed by the NCLT or any other appropriate authority and acceptable to the Board of Resulting Company, shall be become effective from the Appointed Date, Date as defined in Section 232 (6232(6) of the Act, but shall be operative from the Effective DateAct in term of clause 1.9 mentioned above.

Appears in 1 contract

Samples: Scheme of Arrangement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!