Recently, the Hon’ble Kolkata Bench of the National Company Law Tribunal (“NCLT”) rejected a scheme of Capital Reduction (“Scheme”) filed by Phillips India Limited (“PIL” or Petitioner Company”) which inter-alia provides for the compulsory exit of minority shareholders.
The board of Directors of Navneet Education Limited (NEL) and Indiannica Learning Private Limited (ILPL) approved a composite scheme to consolidate its complementary publishing portfolios into a single entity, creating...
On October 1, 2025, the Insolvency and Bankruptcy Board of India (IBBI) issued a disciplinary order against Mr. Chandran R (Valuer), a Registered Valuer for land and building, following an inspection into his valuation...
GAMCO Limited has entered a proposed Scheme of Amalgamation of Complify Trade Pvt Ltd with GAMCO. The scheme, pending shareholder approval, is the fast-track merger under Sec 233 of the Companies Act, 2013 and governed...
Aniruddha Jain
