[PER: SANJIV DUTT, MEMBER (TECHNICAL)]

1. Heard the Ld. Counsel for the Petitioner Companies.

2. The present Company Petition is jointly filed on 26.10.2024 by five companies seeking appropriate directions from this Tribunal in relation to the Composite Scheme of Arrangement between Varsity Education Management Private Limited (hereinafter referred to as “Petitioner Company 1/ Transferor Company 1”), Srichaitanya Students Facility Management Private Limited (hereinafter referred to as “Petitioner Company 2/ Transferor Company 2”), Coeus Education Management Private Limited (hereinafter referred to as “Petitioner Company 3/ Transferee Company/Demerged Company”), Varsity South Education Management Private Limited (hereinafter referred to as “Petitioner Company 4/ Resulting Company 1”) and Varsity Edification Management Private Limited (hereinafter referred to as “Petitioner Company 5/ Resulting Company 2”) and their respective sharehol