NCLT Ahmedabad reserves order on Omkar Overseas Limited's application under Sections 230-232 of Companies Act 2013.
The matter involves a corporate restructuring or compromise scheme requiring tribunal approval.
The bench comprised Judicial Member Chitra Hankare and Technical Member Dr. Velamur G Venkata Chalapathy.
Counsel Mr. Ravi Pahwa represented the applicant company in the proceedings.