De-merger definition
De-merger means any de-merger (scission) of the Issuer in accordance with Article L. 236-1, paragraph 2 of the French Commercial Code.
De-merger has the meaning set forth in the Recitals.
De-merger means transfer and vesting of Real Estate and Ancillary Business (the Demerged Business) of Guru Nanak Auto Enterprises Ltd, on a going-concern basis, by way of de-merger into ASKK Estates Pvt Ltd, in terms of this Scheme in its present form or with any modification(s) as approved by the Hon’ble National Company Law Tribunal or any other competent authority, as the case may be.
More Definitions of De-merger
De-merger has the meaning specified in the Recitals.
De-merger. : means the partial, proportional de-merger of Space2 (as defined hereunder) for the benefit of the Company, according to the terms and conditions of the de-merger approved by the Shareholders’ Meeting of the Company on December 23, 2016.
De-merger means, in respect of any relevant Shares, that the Basket Company or Share Company, as the case may be, is affected by a de-merger including, without limitation, a spin off, scission or any operation of a similar nature;
De-merger. : means the partial, proportional de-merger of Space2 (as defined
De-merger means any de-merger of the Issuer in accordance with Article 2506 and ff. of the Italian Civil Code.