Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2009 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2009 (8) TMI 712 - HIGH COURT OF GUJARATScheme of demerger - Held that:- No bar to this Court in denying the sanction to the scheme of arrangement for demerger, but keeping in view the aspect of availability of the names, only observation deserves to be made is that the scheme of demerger would stand operated for the change of name provided, the name is available with the Registrar of Companies. In the event, the name is not available, existing names of demerged company will have to be retained. Hence, order accordingly. Hence, present scheme of demerger is sanctioned subject to the modification and the observation made hereinabove, in the present order.
|