Authority: National Company Law Tribunal, Indore Bench, Court No. 1
Order Date: 16 July 2026
Case Overview
The application was filed by multiple Arihant group companies under Sections 230-232 of the Companies Act, 2013, seeking approval for a composite scheme of arrangement and amalgamation. The transferor companies include Arihant Financial Services Ltd, Arihant Elite Financial Solutions Ltd, Arihant Investment Banking Services Ltd, and Arihant Money Marvel Wealth Management Ltd. The transferee company is Arihant Capital Markets Ltd. The matter was presented before the bench comprising Hon'ble Shri Brajendra Mani Tripathi (Member Judicial) and Hon'ble Shri Man Mohan Gupta (Member Technical). The applicant was represented by Mr. Harsh C. Ruparelia, Practicing Company Advocate, who appeared online for the hearing.
Final Outcome
The tribunal heard the learned counsel for the applicant and perused the record. After consideration, the bench reserved the matter for order, meaning a final decision will be issued at a later date. The application remains pending until the final order is pronounced.
Topics: Corporate Restructuring, NCLT Proceedings