Appeal has been filed before Hon’ble National Company Appellate Law Tribunal (“NCLAT”) by Oriental Carbon & Chemicals Limited (“Appellant” or “Demerged Company”) against an order dated 10 April 2024 (“Impugned Order”) by the National Company Law Tribunal, Ahmedabad Bench (“NCLT”) for altering the Appointed Date.
Exit Opportunity or Forced Eviction? The Contentious Journey of BTL’s Minority Shareholders
The Honourable Supreme Court of India addressed a challenge by minority shareholders against a reduction of share capital. Before we deep dive into the judgment for contextual here is a table outlining the timeline of...
2 days ago
Reverse-Listing a Giant: The Absorption of Hinduja Leyland Finance by NDL Ventures
The Scheme of Merger by Absorption provides for the merger of Hinduja Leyland Finance Limited into NDL Ventures Limited pursuant to Sections 230 to 232 of the Companies Act, 2013. The scheme was approved by the...
3 days ago
Ratchets in M&A: Navigating the tax and regulatory field in India
In today’s deals, investors are taking bolder bets on niche, unproven businesses where future performance is highly uncertain. This makes it even harder — for both founders and investors — to answer a basic question:...
6 days ago



