Authority: National Company Law Tribunal, Hyderabad Bench - II
Order Date: 09 October 2026
Case Overview
The hearing concerned a petition filed under Section 230 of the Companies Act, 2013, for the proposed scheme of arrangement between Axon Anaesthesia Associates Pvt Ltd (the Demerged Company) and Vitalpath Pvt Ltd (the Resulting Company). The matter involves a demerger scheme between these two corporate entities. Representatives from the petitioners, the Regional Director's office, the Official Liquidator's office, and the Income Tax Department were present during the hybrid mode hearing.
Final Outcome
The Tribunal adjourned the matter to 30 October 2026 to allow for the filing of the final report by the Income Tax Department and the final reports by the Official Liquidator and the Regional Director. No substantive decision on the demerger scheme was made during this hearing.
Topics: Corporate Restructuring, Demerger, NCLT Proceedings