Common Contracts
1 similar null contracts
SCHEME OF ARRANGEMENT BETWEENDecember 19th, 2013
This Scheme of Arrangement (‘the Scheme’) is presented under Sections 391 to 394 read with Section 78 and Sections 100 to 104 and other applicable provisions of the Companies Act, 1956 and any corresponding provisions of the Companies Act, 2013 upon their notification (including any statutory modifications(s) or re- enactment(s) thereof for the time being in force) applicable to arrangements, for demerger of Media Business Undertaking (as defined hereinafter) from Diligent Media Corporation Limited (“DMCL” or “the Demerged Company”) vesting with Zee Entertainment Enterprises Limited (“ZEEL” or “the Resulting Company”), on a going concern basis, pursuant to the relevant provisions of the Companies Act, 1956. This Scheme also provides for various other matters consequential or otherwise integrally connected therewith.
