Scheme of Amalgamation definition

Scheme of Amalgamation or ‘merger and acquisition’ means the scheme formulated as per Sections 230 - 240 of the Companies Act, 2013;
Scheme of Amalgamation or “Scheme” or “this Scheme” means this scheme of Amalgamation, under the provisions of Section 44-A of the BR Act and RBI Amalgamation Directions, as approved by the shareholders of the Transferor Company and the Transferee Company (along with any
Scheme of Amalgamation means the Scheme of Amalgamation and Arrangement under Sections 391 to 394 read with Section 52 of the Companies Act, 2013 (corresponding provision being Section 78 of the Companies Act, 1956) and Sections 100 to 104 of the Companies Act, 1956 of Mahindra Engineering Services Limited with the Company and their respective shareholders and creditors;

Examples of Scheme of Amalgamation in a sentence

  • The Hon’ble High Court at Bombay, sanctioned the Scheme of Amalgamation of the Company herein with Modern Tiles Co. Pvt.

  • AND WHEREAS In terms of the above order, sanctioning Scheme of Amalgamation dated 23/09/2004 to be effective from 01/04/2003, all the properties, moveable and immovable assets, lease, licenses, rights, benefits, powers and authorities of every kind, nature and description, whatsoever, stood transferred to and vested in Modern Tiles Co. Pvt.

  • Thus, the Scheme of Amalgamation, as envisaged, would enable seamless access to strong business relationships, closer and better focused attention being given to the businesses which would get integrated, aligned and streamlined, leading to achievement of their full business and growth potential.

  • In accordance with the Scheme of Amalgamation, 101.4 million of our shares held by ICICI had been transferred to the ICICI Bank Shares Trust.

  • This Scheme of Amalgamation (‘Scheme’) is presented under Sections 230 to 232 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013, for the amalgamation of Marico Consumer Care Limited (hereinafter referred to as “MCCL” or “the Transferor Company”) with Marico Limited (hereinafter referred to as “Marico” or “the Transferee Company”) and various other matters consequential or otherwise integrally connected therewith.


More Definitions of Scheme of Amalgamation

Scheme of Amalgamation means this Scheme of Amalgamation pursuant to Sections 230 to232 and all other applicable provisions of the Act, in its present form submitted to NCLT or any other Governmental Authority (along with any annexures, schedules, etc., attached hereto) with such modification(s) and amendment(s) as may be made from time to time;
Scheme of Amalgamation means the Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956 of FRB with the Company and their respective shareholders and creditors;
Scheme of Amalgamation means this Scheme of Arrangement for the Amalgamation of Maven Systems Private Limited (Transferor Company-1), ElitePlus Semiconductor Technologies Private Limited (Transferor Company-2), Orange Semiconductors Private Limited (Transferor Company-3) and TexoTech Solutions Private Limited (Transferor Company-4) (collectively ‘Transferor Companies’ or Wholly Owned Subsidiaries’) with MosChip Semiconductor Technology Limited (‘Transferee Company’) under the Sections of 233 of the Companies Act, 2013 as approved by the Board of Directors of all Companies in its present form and with any modification as may be approved by the Regional Director, South East Region Hyderabad
Scheme of Amalgamation means the scheme, in agreed form, to implement and effectuate the Proposed Merger;
Scheme of Amalgamation means a Scheme prepared by the Authority and sanctioned and notified by the Central Government under the provisions of Section 37A of the Act;
Scheme of Amalgamation or “the Scheme” or “this Scheme” means this Scheme of Amalgamation in its present form as submitted to the NCLT or with any modification(s) made under Clause 19 of this Scheme as approved or directed by the NCLT or any other Appropriate Authorities.
Scheme of Amalgamation means this Scheme of Amalgamation, in its present form, submitted to the NCLT or with any modification(s) made under Clause 20 of this Scheme or with such other modifications/amendments as the NCLT may direct;