NCLT Allahabad hears application to amend demerger scheme for BSBK Engineers and Macawber Beekay, removing clause for public company conversion.
The amendment seeks to delete clause 12 of the scheme, allowing the resulting company to remain a private limited company.
The tribunal issued notices to ROC, Income Tax, and Regional Director, with a two-week response window.
The matter is scheduled for further hearing on 17th April 2026 for consideration of responses.