MPS Limited NCLT Order on ADI BPO Amalgamation

Date: 19 September 2026

The Hon'ble National Company Law Tribunal, Chennai Bench has passed an Order dated 16 September 2026 in CP(CAA)/76(CHE)/2026 regarding the Scheme of Amalgamation between ADI BPO Services Limited (Transferor Company) and MPS Limited (Transferee Company)
The Tribunal has taken on record the reports of the Chairman evidencing approval of the Scheme by Equity Shareholders and Unsecured Creditors of MPS Limited at meetings held on 22 August 2026

Application Number: CA(CAA)/45(CHE)/2026
Petition Number: CP(CAA)/76(CHE)/2026
First Motion Application order was passed on 2 July 2026
Meetings of Secured Creditors of Transferee Company were dispensed with
Equity Shareholders and Unsecured Creditors meetings were convened on 22 August 2026

Notice to be served to authorities specified under Section 230(5) of Companies Act 2013 read with Rule 8 and Rule 16 of Companies (Companies Arrangements and Amalgamation) Rules 2016
Notices to be served to: Central Government through Ministry of Corporate Affairs (rd.south@mca.gov.in), Registrar of Companies (roc.chennai@mca.gov.in), Income Tax Authorities (chennai.pccit@incometax.gov.in), Official Liquidator (ol-chennai-mca@nic.in), and other statutory regulators
Publication required in two newspapers: Dina Malar (Tamil) and Business Standard (English)
Authorities to file representations within 30 days from date of receipt of notice
Affidavit evidencing proof of service to be filed within 7 days

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