Common Contracts
1 similar Scheme of Arrangement contracts
SCHEME OF ARRANGEMENT BETWEENScheme of Arrangement • March 9th, 2017
The Scheme of Arrangement is presented under Sections 391 to 394 read with Section 100 and other applicable provisions of the Companies Act, 1956 (“the Act”), for demerger of the 5Paisa Digital Undertaking carried out by IIFL Holdings Limited (“IHL” or “the Demerged Company”), on a going concern basis and vesting in 5Paisa Capital Limited (“5PCL” or “the Resulting Company”). The Scheme also provides for various other matters consequential or otherwise integrally connected herewith.
