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.
Indian Glycol Group Realigns Business Segments: A Strategic Merger and Demergers to Enhance Efficiency
India Glycols Limited (“Demerged Company” or “Transferee Company/IGL”) is in the business of manufacturing and marketing ofBio-based Specialities & Performance Chemicals such as Bio-Polymers, Green Solvents...
2 days ago
Sudarshan Chemical completes Heubach Group acquisition – Integration shall be Key
In October 2024, Pune based Sudarshan Chemical Industries Limited (“SCIL”) took a bold step by announcing the acquisition of “Global Pigment Business Operations of the Heubach Group” (“Heubach”) of Germany. To put in...
3 days ago
The Fine Print of QIP: Examining OneSource’s Eligibility After Scheme of Arrangement
Facts of the caseThe board of directors of OneSource Specialty Pharma Limited (“OneSource”) unlisted public company which was supposed to get listed pursuant to the proposed transaction, approved a scheme of arrangement...
4 days ago