Authority: National Company Law Tribunal, Bengaluru Bench
Order Date: 09.10.2026
Case Overview
The petition was filed by Shakthi Healthy Fresh Meats Private Limited under Sections 230-232 of the Companies Act, 2013, which pertain to schemes of arrangement or compromise. The matter was heard by a bench comprising Judicial Member Shri. Sunil Kumar Aggarwal and Technical Member Shri. Radhakrishna Sreepada. Counsels representing the petitioner company and the Income Tax department were present. The principal matter before the tribunal was the consideration of the scheme, pending the submission of reports from statutory authorities, including the Income Tax department concerning the Transferee Company.
Final Outcome
The tribunal granted a final opportunity of two weeks to the statutory authorities to submit their requisite reports. Upon receipt of these reports, the petitioner company is directed to file a compliance affidavit. The matter has been adjourned and is now listed for further orders on 06.11.2026.
Topics: NCLT Proceeding, Scheme of Arrangement, Corporate Compliance