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NATIONAL COMPANY LAW TRIBUNAL
Judge XYZ, J
Bangla Entertainment Private Limited – Appellant
Versus
Culver Max Entertainment Private Limited – Respondent
| Table of Content |
|---|
| 1. submission of amalgamation scheme and rationale. (Para 1 , 2 , 3 , 4) |
| 2. identified benefits of the amalgamation. (Para 5 , 6) |
| 3. creditors' interests and protections are addressed. (Para 7 , 8 , 9 , 10 , 12 , 13) |
| 4. court's directives for meetings and notifications. (Para 14 , 15 , 16 , 19) |
ORDER
1. The Application is filed by the Applicants for the approval of the scheme of amalgamation of the Transferor Company with and into the Transferee Company (Scheme).
2. Bangla Entertainment Private Limited (Applicant No. 1 / Transferor Company) is a private company limited by shares. Culver Max Entertainment Private Limited (Applicant No. 2 / Transferee Company) is a private company limited by shares. The Transferor Company and the Transferee Company (Applicants) are engaged in business activities that are similar to and complement that of each other.
3. The Board of directors of the Applicants have approved the said Scheme at their respective meetings held on 19th June 2025.
4. The Learned Counsel for the Applicant Companies further submits that the Appointed Date under the Scheme is 1st October 2024.
Nature of Business: -
5. The Transferor Company is engaged in the business of
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