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

• Further, pursuant to the Scheme of Amalgamation of ING Vysya Bank (IVBL) with the Bank, the Bank has renamed and adopted the ESOP Schemes of the erstwhile IVBL, as given below: (a) Kotak Mahindra Bank Ltd.

• The Composite Scheme of Amalgamation and Arrangement between the Holding company - Den Networks Limited (“Den”), Hathway Cable and Datacom Limited (“Hathway”), TV18 Broadcast Limited (“TV18”), Network18 Media & Investments Limited (“Network18”), Media18 Distribution Services Limited (“Media18”), Web18 Digital Services Limited (“Web18”) and Digital18 Media Limited (“Digital18”) (“Scheme”) have been approved by the Board of Directors of the respective companies on 17th February 2020.

• The Petitioner Companies shall until the completion of the Scheme of Amalgamation, file a statement in such form and within such time as prescribed with the Registrar every year duly certified by the Chartered Accountant or a Cost Accountant or a Company Secretary to the effect that the Scheme of Amalgamation is being complied in accordance with the orders of the Adjudicating Authority as required under Section 232(7) of the Companies Act, 2013.

• The Transferor Company be dissolved without winding up with effect from the Effective Date as per the Scheme of Amalgamation.

• The Petitioner Companies are further directed to take all consequential and statutory steps required in pursuance of the approved Scheme of Amalgamation under the provisions of the Companies Act, 2013 and submit necessary compliance and undertaking relating to the objections raised by the Regional Director (SER), MCA, Government of India, Hyderabad and Official Liquidator, Hyderabad.

More Definitions of Scheme of Amalgamation

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 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 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 or ‘merger and acquisition’ means the scheme formulated under Section 391 – 394 of the Companies Act 1956 or the corresponding provisions under the Companies Act, 2013;

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 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 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;