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Max Ventures and Industries Ltd - Max Ventures and Industries Limited - Updates |
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(26 Jul 2023) |
Max Ventures and Industries Limited has informed the Exchange regarding This is in furtherance to our previous intimation dated July 7, 2023, in respect of the Composite
Scheme of Amalgamation and Arrangement amongst Max Ventures and Industries Limited
( Company or Transferor Company ) and Max Estates Limited ( Transferee Company ) and
their respective shareholders and creditors ( Scheme ) sanctioned, pursuant to the provisions of
Sections 230 to 232 and other applicable provisions of the Companies Act, 2013, by Hon ble
National Company Law Tribunal, Chandigarh Bench at Chandigarh ( NCLT ).
We would like to inform you that the Company has received the certified true copy of the Order
passed by the NCLT on July 24, 2023 ( NCLT Order ). The copy of the NCLT Order is enclosed
as Annexure.
Further, it may be noted that the Scheme will be made effective upon filing the certified copy of
the NCLT Order under Form INC 28 with the Registrar of Companies, Chandigarh.
The Company will intimate the stock exchanges once the record date is fixed for the Scheme.. |
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