Fitride Labs and Prayagh Nutri Merger Petition Reserved

NCLT Hyderabad Bench hears petition filed by Fitride Labs Pvt Ltd and Prayagh Nutri Products Pvt Ltd under Section 230 of Companies Act.
The petition seeks approval for a scheme of arrangement between the transferor and transferee companies.
Bench comprised of Judicial Member Shri Rajeev Bhardwaj and Technical Member Shri Sanjay Puri.
After hearing submissions from petitioners' representative, the bench reserved its final order on the matter.