Case Details
Case Name: In the matter of Quality Care India Ltd (Transferor Co.) and Aster DM Healthcare Ltd (Transferee Co.)
Court/Authority: National Company Law Tribunal, Hyderabad Bench – II
Case Numbers: CP (CAA)/10/230/HDB/2026 connected to CA(CAA)/50/230/HDB/2025
Hearing Date: 22nd May 2026
Time: 10:30 A.M.
Mode: VC and Physical (Hybrid) Mode
Legal Provision: Section 230 of Companies Act
Parties Involved
Petitioners: Quality Care India Ltd (Transferor Company) and Aster DM Healthcare Ltd (Transferee Company)
Representation: Mr. R. Inbaraju, Learned Counsel for the Petitioner
Regulatory Authorities Present: Ms. Kusum Yadav, Deputy Director from the Regional Director Office; Mr. Deowrat V Meeshram, Assistant Liquidator from the Official Liquidator Office; Ms. Rakshitha, Learned Counsel from Office of Bokaro Sapna Reddy, Learned Counsel for Income Tax Department
Tribunal Members: Shri Rajeev Bhardwaj, Hon'ble Member (Judicial) and Shri Sanjay Puri, Hon'ble Member (Technical)
Proceedings & Status
The hearing was conducted to consider the petition for a scheme of arrangement involving the merger of Quality Care India Ltd into Aster DM Healthcare Ltd. All concerned regulatory authorities including the Regional Director, Official Liquidator, and Income Tax Department filed their respective reports on the scheme. A compliance memo was also filed during the proceedings. After reviewing all submissions and reports, the Tribunal reserved its order for future pronouncement. The matter is now awaiting the final decision of the NCLT Hyderabad Bench.
Final Ruling & Enforcement
The final order on the approval of the composite scheme of arrangement has been reserved by the Tribunal. The bench will pronounce its decision at a later date after considering all reports and submissions made by the parties and regulatory authorities.