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Announcement under Regulation 30 (LODR)-Scheme of Arrangement

June 10, 2019, 10:18 pm | Source: BSE | Downlaod PDFDownload PDF

This is to inform you that the National Company Law Tribunal Mumbai Bench (Honble NCLT) has today t.e on June 10 2019 sanctioned the Composite Scheme of Arrangement among Bharat Hnandal Inclusion Limited (Company) Induslnd Bank Limited Induslnd Financial Inclusion Limited and their respective Shareholders and Creditors under Sections 230 to 232 and other applicable provisions of the Companies Act 2013 read with the Rules framed thereunder.
The Scheme will come into effect upon filing certified copy of the order with the jurisdictional Registrar of Companies and the certified copy of the order is awaited.