Gufic BioSciences receives NCLT, Ahmedabad bench approval for scheme of amalgamaiton

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Capital Market
Last Updated : Jan 04 2021 | 12:50 PM IST

On 31 December 2020

Gufic BioSciences announced that the scheme of amalgamation of Gufic Lifesciences (transferor company) with Gufic Biosciences (transferee company) and their respective shareholders and creditors has been sanctioned by the National Company Law Tribunal (NCLT), Ahemedabad bench vide its order dated 31 December 2020. The scheme is subject to the final order of the proceedings preferred by the transferee company before the NCLT, Mumbai bench.

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First Published: Jan 04 2021 | 12:25 PM IST

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