NCLT Approves Seven Companies Amalgamation into Chariot India

NCLT Kolkata sanctions scheme amalgamating seven transferor companies into Chariot (India) Private Limited effective April 1, 2024.
Transferee company is an RBI-registered NBFC; scheme approved despite initial RBI objection resolved via shareholding analysis.
All statutory authorities served; no creditors exist; 100% shareholder consent obtained via affidavits dispensing with meetings.
Scheme aims to achieve business consolidation, economies of scale, and stronger capital base for the amalgamated entity.