Arrangement and Amalgamation definition

Arrangement and Amalgamation collectively means (i) reduction and reorganization of authorized, issued, subscribed and paid-up share capital of ODCL in terms of Part III of the Scheme, (ii) (a) Amalgamation of Amalgamating Company with Amalgamated Company and
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Arrangement and Amalgamation means the restructuring contemplated by the Scheme including (i) the Slump Sale in terms of Part III of the Scheme and (ii) Amalgamation (post the Slump Sale) in terms of Part IV of the Scheme;
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Arrangement and Amalgamation collectively means (i) reduction and reorganization of authorized, issued, subscribed and paid-up share capital of ODCL in terms of Part III of the Scheme, (ii) (a) Amalgamation of Amalgamating Company with Amalgamated Company and (b) reduction of entire issued, subscribed and paid-up share capital of ODCL held by DCBL and consequent reduction of the securities premium account of DCBL, in terms of Part IV of the Scheme and (iii) Slump Exchange of Transferred Undertaking of Transferor Company (post Amalgamation of Amalgamating Company) to and vesting thereof inTransferee Company in terms of Part V of the Scheme;
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Examples of Arrangement and Amalgamation in a sentence

  • We direct the Petitioner Companies involved in the Scheme to comply with Rule 17 (2) of the Companies (Compromise, Arrangement and Amalgamation) Rules, 2013.

  • Further, the immovable properties of HCL got transferred and vested in MPIL vide a Scheme of Arrangement and Amalgamation in 1984.

  • The Company was unable to pay stamp duty on the Order passed by the High Court for sanctioning the Scheme of Arrangement and Amalgamation against the Demand Notice received from Collector of Stamps, Mumbai.

  • As per Clause No. 4.4.5 (b) of the Scheme of Arrangement and Amalgamation sanctioned by Hon’able High Court, Bombay dated 16th July 2009, the Company has acquired land from Dr. Laxman V.

  • New regulations and evolving best practice will continue to impact the business.We anticipate no significant change in this risk over the next 12 months.

  • Further subsequent to the Composite Scheme of Arrangement and Amalgamation, receipts, if any, including from Income tax Authorities on account of refund orders, etc.

  • The Chairpersons to file affidavit within 7 days from the date of the said meetings to this Tribunal that the direction regarding convening and issuance of notice (s) to all the necessary parties have been duly complied with in conformity with the relevant provisions of the Companies Act, 2013 r/w Companies (Compromise, Arrangement and Amalgamation) Rules, 2016.

  • On September 30, 2013 pursuant to a Plan of Arrangement and Amalgamation Agreement (the “Plan”), Global MGA Financial Inc.

  • The form is to be filed with the Transferee Company at its Registered Office, not later than, forty eight hours before the aforesaid meeting in accordance with Rule 10 of the Companies (Compromise, Arrangement and Amalgamation) Rules, 2016.

  • On September 30, 2013 pursuant to a Plan of Arrangement and Amalgamation Agreement (the “Plan”), Global amalgamated with Carnelian Strategic Capital Corp.

Related to Arrangement and Amalgamation

  • Amalgamation means the amalgamation of the Amalgamating Corporations as contemplated in this Agreement;

  • Amalgamation Agreement means the Amalgamation Agreement dated as of June 26, 2020 among Cybin, Clarmin and Subco relating to the Amalgamation, as amended on October 21, 2020, a copy of which is available under the Company’s profile on the SEDAR website at www.sedar.com.

  • Articles of Amalgamation means the articles of amalgamation giving effect to the Amalgamation required under the OBCA to be filed with the Director;

  • Arrangement Agreement has the meaning ascribed thereto in the recitals hereof;

  • Amalgamation Application means the amalgamation application that will be filed with the Registrar under subsection 275(1)(a) of the BCBCA in order to give effect to the Amalgamation, substantially in the form attached hereto as Schedule C;

  • Amalgamating Corporations means both of them;

  • Significant Transaction or Arrangement means any individual transaction or arrangement that exceeds or is likely to exceed 10% of the total revenues or total expenses or total assets or total liabilities, as the case may be, of the material unlisted subsidiary for the immediately preceding accounting year.

  • Certificate of Amalgamation means the certificate of amalgamation to be issued by the Director in respect of the Amalgamation;

  • Subsidiary of a Person means any corporation, association, partnership, limited liability company, joint venture or other business entity of which more than 50% of the voting stock, membership interests or other equity interests is owned or controlled directly or indirectly by such Person, or one or more of the Subsidiaries of such Person, or a combination thereof. Unless the context otherwise clearly requires, references herein to a "Subsidiary" refer to a Subsidiary of the Company.

  • Arrangement means the arrangement under the provisions of section 192 of the CBCA, on the terms and conditions set forth in the Plan of Arrangement, subject to any amendment or supplement thereto made in accordance with this Agreement and the Plan of Arrangement or made at the direction of the Court in the Final Order;

  • Wholly Owned Subsidiary Guarantor any Subsidiary Guarantor that is a Wholly Owned Subsidiary of the Borrower.

  • Access Arrangement means an arrangement for access to a Covered Pipeline that has been approved by the Relevant Regulator.

  • Demerger means a demerger pursuant to Chapter 17 of the Finnish Companies Act (624/2006 as amended from time to time).

  • Arrangement Provisions means Part 9, Division 5 of the BCBCA;

  • Permitted Reorganization means any reorganizations and other activities related to tax planning and tax reorganization, so long as, after giving effect thereto, the enforceability of the Note Guarantees, taken as a whole, are not materially impaired.

  • Merger has the meaning set forth in the Recitals.

  • Consolidation means, with respect to any Person, the consolidation of the accounts of such Person and each of its Subsidiaries if and to the extent the accounts of such Person and each of its Subsidiaries would normally be consolidated with those of such Person, all in accordance with GAAP. The term “Consolidated” shall have a similar meaning.

  • Amalgamation Resolution means the special resolution of the Shareholders concerning the Amalgamation to be considered at the Meeting, substantially in the form set out in Appendix A to the Circular;

  • Reorganization Agreement has the meaning set forth in the recitals.

  • Business Combination Agreement shall have the meaning given in the Recitals hereto.

  • netting arrangement means an arrangement under which a number of claims or obligations can be converted into a single net claim, including close-out netting arrangements under which, on the occurrence of an enforcement event (however or wherever defined) the obligations of the parties are accelerated so as to become immediately due or are terminated, and in either case are converted into or replaced by a single net claim, including ‘close-out netting provisions’ as defined in point (n)(i) of Article 2(1) of Directive 2002/47/EC and ‘netting’ as defined in point (k) of Article 2 of Directive 98/26/EC;

  • Reorganization Plan means a plan of reorganization in any of the Cases.

  • Cash Management Arrangements means all cash management arrangements pursuant to which Honeywell or its Subsidiaries automatically or manually sweep cash from, or automatically or manually transfer cash to, accounts of SpinCo or any member of the SpinCo Group.

  • Amalgamated Company means the company continuing from the Amalgamation.

  • Management Arrangements means the arrangements for the strategic management of the relationship between the Authority and the Contractor, including arrangements for monitoring of the Contractor’s compliance with the Specification, the Service Levels, the Award Procedures and the terms of this Framework Agreement, set out in Schedule 4.

  • Permitted Reorganisation means a solvent reconstruction, amalgamation, reorganisation, merger or consolidation whereby all or substantially all the business, undertaking or assets of the Issuer are transferred to a successor entity which assumes all the obligations of the Issuer under the Capital Securities.