Authority: National Company Law Tribunal Guwahati Bench
Order Date: 12th June 2026
Case Overview
The matter concerns a scheme of arrangement under Sections 230-232 of the Companies Act, 2013 involving four transferor companies (M/s GanpatiTraconPvt. Ltd., M/s ESS DEE Distributors Pvt. Ltd., M/s Mayukh Projects Pvt. Ltd., and M/s Symphony Mercantile Pvt. Ltd.) and one transferee company (M/s National Plasto Moulding Pvt. Ltd.). The hearing was presided over by Hon'ble Member (Judicial) Shri Rammurti Kushawaha and Hon'ble Member (Technical) Shri Yogendra Kumar Singh. Ms. Arti Vyas, Company Secretary, appeared for the petitioner. The key issue noted was that the Official Liquidator's observations/report had not been served to the petitioner's representative. The tribunal recorded that paper publication requirements had already been completed.
Final Outcome
The matter has been adjourned to 27th July 2026 to allow for the submission of reports and observations from three regulatory authorities: the Registrar of Companies (RoC), the Income Tax Department, and the Regional Director (RD). The Official Liquidator was directed to provide a copy of their observations/report to the petitioner's authorized representative, Ms. Arti Vyas. The adjournment was granted in the interest of justice to allow these regulatory bodies to complete their assessments of the proposed merger arrangement.
Topics: Corporate Merger, NCLT Proceeding, Regulatory Approval