PARTS OF THE SCHEME Sample Clauses
PARTS OF THE SCHEME. The Scheme is divided into following parts:
PARTS OF THE SCHEME. This Scheme is divided into the following parts:
(a) PART I, which is a general section, is further divided into two parts, providing (A) definitions applicable to this Scheme; (B) details of the share capital and shareholding structure of the Transferor Company and the Transferee Company;
(b) PART II, which deals with reduction of the Share Capital of the Transferee Company;
(c) PART III which deals with the provisions and terms based on which the merger of the Transferor Company into the Transferee Company shall take place; and
(d) PART IV, which deals with general terms and conditions applicable to the Scheme.
PARTS OF THE SCHEME. The scheme is divided into the following parts:
1. Part I – deals with Definitions, Interpretations and Share Capital
2. Part II – deals with merger of Maiboli Broadcasting Private Limited (‘Transferor Company’ or ‘MBPL’) with Sri Adhikari Brothers Television Network Limited (‘Transferee Company’ or ‘SABTNL’);
3. Part III –deals with the demerger of publication business of Sri Adhikari Brothers Assets Holding Private Limited (‘First Demerged Company’ or ‘SAB Assets’) into SABTNL;
4. Part IV – deals with demerger of broadcasting business of the Demerged Companies, as hereinafter defined to TV Vision Limited (‘First Resulting Company’ or ‘TVL’);
5. Part V–deals with the demerger of publication business of SABTNL (‘Second Demerged Company’) into SAB Events &Governance Now Media Private Limited (Formerly known as Xxxxxxx Entertainment Private Limited) (‘Second Resulting Company’ or ‘SAB Events’); and
6. Part VI – deals with General Terms and Conditions
PARTS OF THE SCHEME. This Scheme is divided into following parts:
(i) PART I deals with the general definitions and share capital;
(ii) PART II deals with amalgamation of Transferor Companies with Transferee Company;
(iii) PART III deals with general clauses, terms and conditions applicable to this Scheme.
PARTS OF THE SCHEME. This Scheme of Arrangement is presented under section 391 to 394 and other applicable provisions of the Companies Act, 1956 and is divided into the following parts:
(i) PART I deals with the definitions and share capital;
(ii) PART II deals with the amalgamation of Enigma Constructions Private Limited and FM Corporate Services and Holdings Private Limited and Gemstone Developers Private Limited and Intime Constructions Private Limited and Xxxxxxxxx Buildcon Private Limited and Xxxxxxxxx Builders Private Limited and Sanguine Builders Private Limited and Success Developers Private Limited with Keystone Realtors Private Limited; and
(iii) PART III deals with general terms and conditions applicable to this Scheme.
PARTS OF THE SCHEME. This Scheme is divided into the following parts:
i. Part I deals with definitions of the terms used in this Scheme and sets out the share capital of the Transferor Companies and the Transferee Company;
ii. Part II deals with the Slump Sale of the Power Plant Undertaking (as hereinafter defined) of Transferor Company No. 1 to the Transferee Company;
iii. Part III deals with the merger and consequential transfer and vesting of the Undertaking (as hereinafter defined) of the Transferor Companies to and in the Transferee Company;
iv. Part IV deals with the issue of new equity shares by the Transferee Company to the eligible shareholders of the Transferor Companies;
v. Part V deals with the accounting treatment for the slump sale and the amalgamation in the books of the Transferee Company and applicability of Income Tax Act, 1961;
vi. Part VI deals with the dissolution of the Transferor Companies and the general terms and conditions applicable to this Scheme and other matters consequential and integrally connected thereto.
PARTS OF THE SCHEME. The Scheme is divided into following parts:
1. Part I deals with Definitions, Interpretations and Share Capital
2. Part II deals with the amalgamation of the Transferor Company 1 and Transferor Company 2 with the Transferee Company 1
3. Part III deals with the demerger of the Demerged Undertaking (as defined below) from Demerged Company into the Resulting Company.
4. Part IV deals with the amalgamation of the Transferor Company 3 and Transferor Company 4 with the Transferee Company 3 5. Part V deals with the amalgamation of the Transferor Company 5, Transferor Company 6, Transferor Company 7, Transferor Company 8, Transferor Company 9, Transferor Company 10 and Transferor Company 11 with the Transferee Company 3.
6. Part VI deals with General Terms and Conditions applicable to the Scheme and other matters consequential and integrally connected thereto. Though this Scheme is divided into various parts for the purpose of convenience, it is to be implemented as a single inseparable comprehensive Scheme.
PARTS OF THE SCHEME. This Scheme is divided into the following parts: Part A - Deals with Definitions, Interpretation and Share Capital; Part B - Deals with demerger of the Demerged Undertaking of the Demerged Company into the Resulting Company; Part C - Deals with the general terms and conditions applicable to this Scheme.
PARTS OF THE SCHEME. The Scheme is divided into following parts:
1. Part I deals with Definitions, Interpretations and Share Capital
2. Part II deals with the demerger of the Demerged Undertaking 1 of the Transferor Company 1 into the Transferee Company.
3. Part III deals with the demerger of the Demerged Undertaking 2 of the Transferor Company 2 into the Transferee Company.
4. Part IV deals with General Terms and Conditions applicable to the Scheme and other matters consequential and integrally connected thereto. Though this Scheme is divided into various parts for the purpose of convenience, it is to be implemented as a single inseparable comprehensive Scheme.
PARTS OF THE SCHEME. The Scheme of Arrangement is divided into the following parts: