Resulting Company definition

Resulting Company means a domestic limited liability company formed as a consequence of a division.
Resulting Company means a domestic stock company created
Resulting Company means any Person formed by virtue of any statutory division of any Credit Party.

Examples of Resulting Company in a sentence

  • Resulting Company operates through its manufacturing facilities in the state of West Bengal, Tamil Nadu, Karnataka and Uttar Pradesh.

  • Accordingly, it is being proposed to transfer the Demerged Undertaking of the Demerged Company to the Resulting Company.

  • The equity shares of the Resulting Company are not listed on any Stock Exchange in India or elsewhere.

  • The objects for which the Resulting Company has been established are set out in its Memorandum of Association.

  • Further, in so far as the assets comprised in the Demerged Undertaking are concerned, the Encumbrance over such assets relating to any loans, borrowings or other debts which are not transferred to the Resulting Company pursuant to this Scheme and which shall continue with the Demerged Company, shall without any further act or deed be released from such Encumbrance and shall no longer be available as security in relation to such liabilities.


More Definitions of Resulting Company

Resulting Company or ‘APL’ means Alembic Pharma Limited, a public limited company, incorporated under the Companies Act, 1956 having its Registered Office at Alembic Road, Vadodara, Gujarat, India 390 003.
Resulting Company means a mutual insurance company to which a stock insurance company converts under this chapter.
Resulting Company or “Rupa” means Rupa & Company Limited, a public limited company whose shares are listed on Bombay Stock Exchange and on National Stock Exchange and was incorporated under the Companies Act, 1956 and validly existing under the Companies Act, 2013 under Corporate Identity No. L17299WB1985PLC038517 and having its registered office at 1, Ho Chi Minh Sarani, Metro Tower, 8th Floor, Kolkata West Bengal - 700071, India.
Resulting Company means one or more companies (including a wholly owned subsidiary thereof) to which the undertaking of the demerged company is transferred in a demerger and, the resulting company in consideration of such transfer of undertaking, issues shares to the shareholders of the demerged company and includes any authority or body or local authority or public sector company or a company established, constituted or formed as a result of demerger [section 2(41A)]
Resulting Company means DTDC Express Limited, a public unlisted company incorporated under the Companies Act, 1956 under the corporate identity numberU85110KA1990PLC011089, having its registered office at DTDC House, No. 3, Victoria Road, Bangalore 560047;
Resulting Company means Gayatri Domicile Private Limited, a public company incorporated under the provisions of the Act having its registered office at 1st Floor, TSR Towers, 6-3-1090, Rajbhavan Road, Somajiguda Hyderabad, Telangana - 500082 India;
Resulting Company means a domestic stock company created by a division or a dividing company that survives a division.