Demerged Company definition

Demerged Company or "Oban" means Oban Fashions Private Limited, a company, limited by shares, incorporated under the provisions of the Companies Act, 2013, under Corporate Identity No. U18204MH2015PTC271385 and having its registered office at 102,

Demerged Company. : shall mean Religare Securities Limited.

Demerged Company means a relevant Jersey company resulting from a demerger under these Regulations;

Examples of Demerged Company in a sentence

• All costs, payments and other liabilities that the Demerged Company shall be required to bear to give effect to this Clause 21 shall be borne solely by the Resulting Company and the Resulting Company shall reimburse and indemnify the Demerged Company against all liabilities and obligations incurred by the Demerged Company in respect thereof.

• Thereafter the unutilized credit so specified shall be credited to the electronic credit ledger of the Demerged Company and the input and capital goods shall be duly adjusted by the Resulting Company in its books of account.

• It is further clarified that on the Effective Date, notwithstanding the Scheme being made effective, any asset/liability identified as part of the Demerged Undertaking and pending transfer due to the pendency of any approval/consent and/or sanction shall be held in trust by the Demerged Company for the Resulting Company.

• Company may, at any time in accordance with the provisions hereof, if so required under any Applicable Law or otherwise, take such actions and execute such deeds (including deeds of adherence), confirmations, other writings or tripartite arrangements with any party to any contract or arrangement to which the Demerged Company is a party or any writings as may be necessary in order to give effect to the provisions of this Scheme.

• The decision on whether or not Transferring Employee is part of the Demerged Undertaking, be decided by the Demerged Company, and shall be final and binding on all concerned.

More Definitions of Demerged Company

Demerged Company means DTDC 3PL and Fulfilment Limited, a public unlisted company incorporated under the Act under the corporate identity number U63010KA2007PLC043567 and having its registered office at DTDC House, No. 3, Victoria Road, Bangalore 560047;

Demerged Company or “RMW” means Reliance MediaWorks Limited, a company incorporated under the Companies Act, 1956 and having its registered office at Communication Centre, Film City Complex, Goregaon (East) Mumbai - 400065;

Demerged Company means the company whose undertaking is transferred to a resulting company pursuant to demerger [section 2(19AAA)]

Demerged Company or “Transferor Company” means Sun Pharma Global FZE incorporated under the laws of UAE and having its Registered Office at Office # 43, Block Y, SAIF Zone, P. O. Box # 122304, Sharjah, UAE.

Demerged Company means Star Ferro and Cement Limited, a Company incorporated under the provisions of the Act and having its registered office at Village: Lumshnong, Post Office: Khaliehriat, District: East Jaintia Hills, Meghalaya- 793 210.

Demerged Company or “WSL” means Welspun Steel Limited, a company incorporated under the Companies Act, 1956 and having its registered office at S N 650, Village Varsamedi, Taluka Anjar Dist Kutch, Gujarat - 370110, India and having Corporate Identification Number: U27109GJ2004PLC044249;

Demerged Company means Sundaram-Clayton Limited, a Public Limited Company incorporated under the Act in 1962 and having its registered office at “Jayalakshmi Estates” No.29 Haddows Road, Chennai 600 006, whose shares are listed on the Bombay Stock Exchange Limited, the Madras Stock Exchange Limited and the National Stock Exchange of India Limited.