Scheme Details

The disclosure concerns the Scheme of Amalgamation of "Rex Overseas Private Limited" and "S & S Balajee Mercantile Private Limited" (Transferor Companies) with "Ekam Leasing and Finance Co. Limited" (Transferee Company) and their respective Shareholders and Creditors.

Hearing Proceedings

  • Previous Intimation: Continuation of earlier intimation dated September 02, 2026
  • Hearing Date: October 12, 2026 (order received on October 16, 2026)
  • Case Number: Company Petition No. CP.CAA-48/ND/2026
  • Tribunal: Hon'ble National Company Law Tribunal (NCLT), New Delhi Bench, Court-III (Division Bench)
  • Next Hearing Date: 14 December, 2026

NCLT Order Details (Pronounced on 12-10-2026)

  • Case: CP.CAA-48/ND/2026
  • Bench Composition: Shri Bachu Venkat Balaram Das (Hon'ble Member - Judicial) and Shri Ravindra Chaturvedi (Hon'ble Member - Technical)
  • Hearing Mode: Hybrid Hearing (Physical & VC)

Regulatory Authority Directions

  • RBI: Appeared through counsel Mr. Gajinder Kumar, Ms. Kiran Jai, Mr. Chandra Shekhar, Ms. Somya (Advocates). Granted liberty to file report afresh within one week.
  • SEBI: Represented by Mr. Anshit Aggarwal, Mr. Soutriky Chakravarty, Mr. Ashish Raghuvanshi, Mr. Devina Bhandari (Advocates). Stated that SEBI has no role in this matter and no report is required to be filed. Granted liberty to file short affidavit within one week.
  • Income Tax Department: Represented by Mr. Sunil Agarwal (SSC), Ms. Monica Benjamin (JSC), Mr. Gibran Naushad (JSC), Mr. Adeeb Ahmad (Adv.), Ms. Harshita Sharma (Adv.), Ms. Radhika Choudhary (Advs.). Directed to file report within two weeks.
  • Official Liquidator: Represented by Mr. Kartikeya Asthana, Ms. Siddhidatri Jha (Advocates). Directed to file report within two weeks.

Additional Directions

RD (likely Regional Director) directed to take steps to bring the report stated to have been filed on record within one week. Response to RD's report, if any, shall be filed within two weeks.

Company Representation

The disclosure is signed by Rakesh Jain, Managing Director (DIN: 00061737) of Ekam Leasing and Finance Co. Limited, dated 26th October, 2026.

Forward Statement

The company committed to provide further updates on developments related to the Scheme of Amalgamation application.