Common Contracts
1 similar Scheme of Amalgamation contracts
SCHEME OF AMALGAMATION AND SLUMP SALE UNDER SECTIONS 230 TO 232 OF THE COMPANIES ACT, 2013 BETWEENScheme of Amalgamation • May 17th, 2020
This Scheme of Amalgamation (“Scheme”) and transfer of undertaking is presented under Sections 230 to 232 of the Companies Act, 2013 and rules and regulations made thereunder, for the amalgamation of Gallantt Ispat Limited (“GIL” or “Transferor Company No. 1”), AAR Commercial Company Limited (“AAR” or “Transferor Company No. 2”), Hipoline Commerce Private Limited (“HIPOLINE” or “Transferor Company No. 3”), Lexi Exports Private Limited (“LEXI” or “Transferor Company No. 4”) and Richie Credit and Finance Private Limited (“RICHIE” or “Transferor Company No. 5”) with Gallantt Metal Limited (“GML” or “Transferee Company”) and for the transfer of the specified power undertaking of the Transferor Company No. 1 to the Transferee Company.
