Examples of Resulting Company in a sentence
Resulting Company operates through its manufacturing facilities in the state of West Bengal, Tamil Nadu, Karnataka and Uttar Pradesh.
Accordingly, it is being proposed to transfer the Demerged Undertaking of the Demerged Company to the Resulting Company.
The equity shares of the Resulting Company are not listed on any Stock Exchange in India or elsewhere.
The objects for which the Resulting Company has been established are set out in its Memorandum of Association.
Further, in so far as the assets comprised in the Demerged Undertaking are concerned, the Encumbrance over such assets relating to any loans, borrowings or other debts which are not transferred to the Resulting Company pursuant to this Scheme and which shall continue with the Demerged Company, shall without any further act or deed be released from such Encumbrance and shall no longer be available as security in relation to such liabilities.