Demerged Company 2 definition

Demerged Company 2 or “HFIPL” means Haldiram Foods International Private Limited, a private limited company incorporated under Companies Act, 1956 under the Corporate Identity Number (CIN) U15100HR1987PTC112505 and has its registered office at Haldiram – Village Kherki Daula, Delhi – Jaipur Highway, Gurugram – 122001, Haryana, India;
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Demerged Company 2 means Sequent Scientific Limited (Corporate Identification Number: L99999MH1985PLC036685), a public company incorporated under the Companies Xxx 0000 and having its registered office at 301, 3rd Floor, Dosti Pinnacle, Xxxx Xx.X0 Xxxx Xx.00, Xxxxx Xxxxxxxxxx Estate, Xxxxx 000000, Xxxxxxxxxxx, Xxxxx;
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Demerged Company 2 or “Transferor Company 2” means Spencer’s Retail Limited, a public company incorporated under the provisions of the Companies Act, 1956 under the corporate identity number U51229WB2000PLC154278 and having its registered office at 31 Netaji Subhas Road, 1st Floor, Duncan House, Kolkata- 700 001, India. The Demerged Company 2 is a wholly owned subsidiary of the Demerged Company 1;
Sample 1

Examples of Demerged Company 2 in a sentence

  • Resulting Company shall be deemed to be authorised to execute any such deeds, writings or confirmations on behalf of Demerged Company 2 for the Demerged Undertaking 2 and to implement or carry out all formalities required to give effect to the provisions of this Scheme.

  • Pursuant to the Scheme, the service rendered by the Managing Director of the Demerged Company 2 has been transferred to the company.

  • 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.

  • It focused on helping emerging markets understand and adapt accounting standards and techniques.

  • 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.

  • The Board of Demerged Company 2 shall be empowered to remove such difficulties as may arise in the course of implementation of this Scheme and registration of new shareholders in Demerged Company 2 on account of difficulties faced in the transaction period.

  • As per the Scheme of Amalgamation, all the employees of the Demerged Company 2 who wee in its employment on the effective date of the scheme shall as from such date, became the employees of the Company on the basis that their services have not been interrupted by the vesting of the undertaking of the Demerged Company 2.

  • 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.

  • All those shareholders who hold shares of Demerged Company 2 in physical form shall also have the option to receive the equity shares, as the case may be, in dematerialized form provided the details of their account with the Depository Participant are intimated in writing to Demerged Company 2 and/or its Registrar provided such intimation has been received by the Demerged Company 2 and/or its Registrar at least 30 (thirty) days before the Record Date.

  • 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 2

  • EG means the Enforcement Guide;

  • 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.

  • inland waters means the navigable waters of the United States shoreward of the navigational demarcation lines dividing the high seas from harbors, rivers, and other inland waters of the United States and the waters of the Great Lakes on the United States side of the International Boundary;

  • 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;

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

  • 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.

  • 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.

  • Group Company means any one of them;

  • BVI means the British Virgin Islands.

  • CBI means Central Bureau of Investigation

  • Enlarged Group means the CareTech Group as enlarged by the Cambian Group following Completion

  • 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.

  • Cyberbullying means any form of communication by electronic act that is sent with the purpose to:

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

  • Member Company means a “service recipient” as defined in Treasury Regulation § 1.409A-1(h)(3).

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

  • Target Group means the Target and its Subsidiaries.

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

  • Associated Company means any legal entity of which a person or company has direct or indirect Control and only as long as a person or company maintains direct or indirect Control.

  • LTD means NMC Healthcare Limited (in administration);

  • Pension Scheme means a contract, an agreement, a trust deed or rules stipulating which retirement benefits are granted and under which conditions;

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

  • Nominee Company means a corporate body registered or having an established place of business in England and Wales which holds title to property for another;

  • GoPb means Government of the Punjab

  • NCLT means the Hon’ble National Company Law Tribunal, Kolkata Bench;