NCLT Allahabad approves second motion for Utkarsh CoreInvest Ltd's amalgamation into Utkarsh Small Finance Bank Ltd.
Tribunal directs issuance of notices to 10 regulatory authorities including RBI, SEBI, and income tax departments.
Meetings for secured creditors and unsecured creditors of transferor company were dispensed with as per first motion order.
Next hearing for the scheme is scheduled for 23rd July 2026 after regulatory representations.