Jubilant Life Sciences receives NCLT approval for Scheme of Arrangement
Jubilant Life Sciences announced that the Hon'ble National Company Law Tribunal, Allahabad Bench ('NCLT') has, by its Order dated 23 December 2020, sanctioned the Composite Scheme of Arrangement under Sections 230 to 232 read with Section 66 and other applicable provisions of the Companies Act, 2013 amongst HSB Corporate Consultants, Jubilant Stock Holding, SSB Consultants & Management Services, JCPL Life Science Ventures and Holdings, JSPL Life Science Services and Holdings, Jubilant Life Sciences and Jubilant Ingrevia and their respective shareholders and creditors.
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First Published: Dec 24 2020 | 9:12 AM IST