Motilal Oswal Financial Services receives NCLT approval for scheme of arrangement

Last Updated : Mar 26 2022 | 12:31 PM IST

Motilal Oswal Financial Services has received the approval of the Hon'ble National Company Law Tribunal, Mumbai Bench on 25 March 2022 for scheme of arrangement between Passionate Investment Management (Transferor Company 1) and MOPE Investment Advisors (Transferee Company 2 or Demerged Company 1 or Transferor Company 3) and Motilal Oswal Real Estate Investment Advisors (Transferor Company 2) and Motilal Oswal Real Estate Investment Advisors II (Demerged Company 2 or Transferor Company 4) and MO Alternate Investment Advisors (Resulting Company) and Motilal Oswal Financial Services (Transferee Company 1 or Holding Company of the Resulting Company) and their respective Shareholders (Scheme).

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Motilal Oswal Financial Services receives NCLT approval for scheme of arrangement