Demerged Company 1 definition

Demerged Company 1 or “HSPL” means Haldiram Snacks Private Limited, a private limited company incorporated under Companies Act, 1956 under the Corporate Identification Number (CIN) U74899HR1989PTC111536 and has its registered office at Haldiram – Village Kherki Daula, Delhi – Jaipur Highway, Gurugram – 122001, Haryana, India;
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Demerged Company 1 means Strides Shasun Limited (Corporate Identification Number: L24230MH1990PLC057062), a public company incorporated under the Companies Xxx 0000 and having its registered office at 000, Xxxxxxxxx, Xxxxxx – 00, Xxxxx, Xxxx Xxxxxx – 000000, Xxxxxxxxxxx, Xxxxx.
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Demerged Company 1 or “Transferee Company 1” means CESC Limited, a public listed company incorporated under the provisions of the Companies Act, 1956 under the corporate identity number L31901WB1978PLC031411 and having its registered office at CESC House, Chowringhee Square, Kolkata 700 001, India;
Sample 1

Examples of Demerged Company 1 in a sentence

  • Upon this Scheme becoming effective and with effect from the Care Business Demerger Appointed Date, all Assets pertaining to the Care Business Undertaking, acquired by the Demerged Company 1 after the Care Business Demerger Appointed Date and prior to the Effective Date for operation of the Care Business Undertaking shall be deemed to have been acquired for and on behalf of the Resulting Company 1 and shall also stand transferred to and vested in the Resulting Company 1.

  • The Resulting Company 1 shall continue to pay rent amounts and maintenance charges as provided for in such agreements and shall comply with the other terms, conditions and covenants thereunder and shall also be entitled to refund of security deposits paid under such agreements by the Demerged Company 1.

  • The terms of remuneration are as approved by the shareholders of the Demerged Company 1.

  • The Demerged Company 1 has business interests in diverse businesses such as the manufacturing of steel pipe and steel pellets and infrastructure businesses.

  • The Scheme is expected to be in the best interests of the shareholders, employees and the creditors of each of the Demerged Company 1, Demerged Company 2 and the Resulting Company.

  • Demerged Company 1 and Demerged Company 2 shall not be obliged or required to call for a separate meeting of its shareholders/ creditors for obtaining their approval for sanctioning the reduction in capital reserves.

  • Resulting Company shall keep Demerged Company 1 indemnified at all times from and against all such debts, duties, obligations and liabilities and from and against all actions, demands and proceedings in respect thereto.

  • On sanction and approval of the Scheme by Tribunal, all costs, charges, taxes including duties, levies and all other expenses, of the Demerged Company 1, Demerged Company 2, Transferor Company 1, Transferor Company 2 and the Resulting Company/Transferee Company arising out of or incurred in connection with carrying out and implementing this Scheme and matters incidental thereto shall be borne by the Resulting Company/Transferee Company.

  • Resulting Company shall be deemed to be authorised to execute any such deeds, writings or confirmations on behalf of Demerged Company 1 for the Demerged Undertaking 1 and to implement or carry out all formalities required to give effect to the provisions of this Scheme.

  • The approval granted by the shareholders of Demerged Company 1 and Demerged Company 2 to the Scheme shall be deemed to be the approval for the purpose of Section 66 and other relevant provisions of the Act.

Related to Demerged Company 1

  • EG means the Enforcement Guide;

  • Target Company means each of the Company and its direct and indirect Subsidiaries.

  • Exempt Newco Scheme means a Newco Scheme where, immediately after completion of the relevant Scheme of Arrangement, the ordinary shares or units or equivalent of Newco (or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco) are (i) admitted to trading on the Relevant Stock Exchange or (ii) admitted to listing on such other Regulated Market as the Issuer or Newco may determine;

  • CBI means Central Bureau of Investigation

  • Newco Scheme means a scheme of arrangement or analogous proceeding (“Scheme of Arrangement”) which effects the interposition of a limited liability company (“Newco”) between the Shareholders immediately prior to the Scheme of Arrangement (the “Existing Shareholders”) and the Company; provided that (i) only ordinary shares or units or equivalent of Newco or depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco are issued to Existing Shareholders; (ii) immediately after completion of the Scheme of Arrangement the only holders of ordinary shares, units or equivalent of Newco or, as the case may be, the only holders of depositary or other receipts or certificates representing ordinary shares or units or equivalent of Newco, are Existing Shareholders holding in the same proportions as immediately prior to completion of the Scheme of Arrangement (disregarding de minimis holdings by initial subscribers, if applicable); (iii) immediately after completion of the Scheme of Arrangement, Newco is (or one or more wholly-owned Subsidiaries of Newco are) the only shareholder of the Company; (iv) all Subsidiaries of the Company immediately prior to the Scheme of Arrangement (other than Newco, if Newco is then a Subsidiary of the Company) are Subsidiaries of the Company (or of Newco) immediately after completion of the Scheme of Arrangement; and (v) immediately after completion of the Scheme of Arrangement the Company (or Newco) holds, directly or indirectly, the same percentage of the Ordinary Share Capital and Equity Share Capital of those Subsidiaries as was held by the Company immediately prior to the Scheme of Arrangement.

  • Pledged Companies means each Person listed on Schedule 5 as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests are acquired or otherwise owned by a Grantor after the Closing Date.

  • HK Company shall have the meaning ascribed to it in the preamble of this Agreement.

  • Target Group means the Target and its Subsidiaries.

  • Material Group Company means the Issuer or a Subsidiary representing more than 5.00 per cent. of either (i) the total assets of the Group on a consolidated basis (for the avoidance of doubt, excluding any intra-group transactions) or (ii) the net profit of the Group on a consolidated basis according to the latest Financial Report.

  • Company Share Plans means, collectively, (i) the 2018 Share Incentive Plan of the Company, which replaced the Company’s 2010 Share Incentive Plan in its entirety, and (ii) the Post-IPO Share Incentive Plan of the Company.

  • Company Subsidiaries means the Subsidiaries of the Company.

  • SBS means the New York City Department of Small Business Services.

  • Share Company means the Share Company specified in the Table.

  • Associated Companies : means any agent with delegated authority under Section 20 of these Terms and Conditions.

  • Traineeship Scheme means an approved traineeship applicable to a group or class of employees or to an industry or sector of an industry or an enterprise. A traineeship scheme shall not be given approval unless consultation and negotiation with the union upon the terms of the proposed traineeship scheme and the traineeship have occurred. An application for approval of a traineeship scheme shall identify the union and demonstrate to the satisfaction of the approving authority that the abovementioned consultation and negotiation have occurred.

  • BVI means the British Virgin Islands.

  • Portugal when used in a geographical sense comprises the territory of the Portuguese Republic in accordance with the International Law and the Portuguese legislation;

  • Shell Company means an issuer that meets the description defined under Rule 144. In addition, so long as Lender owns, legally or beneficially, any securities of Borrower, Borrower shall, at its sole expense:

  • CBC means the Collective Bargaining Committee

  • PubCo has the meaning set forth in the Preamble.

  • Group Company means any one of them;

  • Group Companies means the Company and its Subsidiaries.

  • Employee Share Scheme means a scheme established by a company, whether by means of a trust or otherwise, for the purpose of offering 10 participation therein solely to employees and officers of the company or a subsidiary of the company, either—

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • MOT means the Borrower’s Ministry of Transport, and any successor thereto.

  • Company SEC Documents has the meaning set forth in Section 3.04(a).