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NATIONAL COMPANY LAW TRIBUNAL
Nandish Enterprises Private Limited VS
| Table of Content |
|---|
| 1. facts regarding companies involved in amalgamation. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8) |
| 2. administrative proceedings and compliance acknowledgments. (Para 10 , 11 , 12 , 14 , 15 , 16) |
| 3. tax compliance and responsibilities in the merger. (Para 21 , 22 , 23 , 24) |
| 4. tribunal's reasoning on company decisions and statutory compliance. (Para 25 , 27 , 28) |
| 5. final sanction of the merger scheme. (Para 31 , 32) |
ORDER
PER: MANNI SANKARIAH SHANMUGA SUNDARAM, MEMBER (JUDICIAL)
1. This is a second motion petition jointly filed by the petitioner companies herein namely M/s Nirjara Enterprise Limited (hereinafter referred to Transferor Company No. 1/Petitioner Company No. 1), M/s Sreshtha Apparels Limited (hereinafter referred to as hereinafter referred to Transferor Company No. 2/Petitioner Company No. 2), M/s Ananda Clothing Limited (hereinafter referred to as Transferor Company No. 3/ Petitioner Company No. 3), M/s Chandranshu Marketing Limited (hereinafter referred to as Transferor Company No. 4/ Petitioner Company No. 4), M/s Chronos International Limited (hereinafter referred to as Transferor Company No. 5/Petitioner Company No. 5), M/s Nandish Enterprises Private Limited (
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