NCLT Kolkata sanctions demerger of Trio Trend Exports' undertaking into Trio Trend Pvt Ltd effective 1st April 2024.
Scheme approved with 100% shareholder and secured creditor consent; 92% unsecured creditor consent obtained.
Regional Director and Official Liquidator raise no objections after petitioners address compliance observations.
Demerged assets and liabilities transfer to resulting company without further act, preserving employee engagements.