APPLICATION TO THE TRIBUNAL. 21.1. The Demerged Company shall and the Resulting Company, if required, shall make applications/ petitions to the NCLT for sanction of this Scheme, under Sections 230 to 232 read with Sections 66 and 52 and other applicable provisions of the Act; and 21.2. Any dispute arising out of this Scheme shall be subject to the jurisdiction of the NCLT, Mumbai Bench.
Appears in 1 contract
Sources: Scheme of Arrangement
APPLICATION TO THE TRIBUNAL. 21.1. 21.1 The Demerged Company shall and the Resulting Company, if required, shall make applications/ petitions to the NCLT for sanction of this Scheme, under Sections 230 to 232 read with Sections 66 and 52 and other applicable provisions of the Act; and
21.2. 21.2 Any dispute arising out of this Scheme shall be subject to the jurisdiction of the NCLT, Mumbai Bench.
Appears in 1 contract
Sources: Scheme of Arrangement