Authority: National Company Law Tribunal, Hyderabad Bench – II
Order Date: July 10, 2026
Case Overview
The hearing concerned Company Petition (CAA) No.17/230/2026 connected with CA (CAA) No.02/230/2026, which is a second-stage application under Section 230 of the Companies Act, 2013. The petition involves a proposed scheme of arrangement between Deccan Star Distilleries India Pvt Ltd (Transferor Company 1), Sarthak Blenders & Bottlers Pvt Ltd (Transferor Company 2), and Allied Blenders and Distillers Limited (Transferee Company). The matter was heard by a special bench comprising Hon'ble Member (Judicial) Shri. Kishore Vemulapalli and Hon'ble Member (Technical) Shri. Sanjay Puri in hybrid mode (VC and physical).
Final Outcome
The Tribunal noted that the report from the Income Tax Department had already been filed. It directed the Official Liquidator and the Regional Director to file their respective reports on the matter within two weeks. The hearing was adjourned to July 24, 2026, for further proceedings.
Topics: Corporate Merger, NCLT Proceedings, Regulatory Approval