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2016 (4) TMI 678 - HC - Companies LawScheme of Demerger - Held that:- On consideration of all the relevant facts and the procedural requirements contemplated under the 1956 Act and the 2013 Act and the relevant Rules and on due consideration of the report of Regional Director, Northern Region, Ministry of Corporate Affairs and the Scheme of Arrangement is hereby sanctioned. The assets and liabilities of the "Demerged Undertaking i.e. Hospital situated at Sector-53, Saraswati Kunj, DLF Golf Course Road, Gurgaon" of Transferor/Demerged/Petitioner No. 1 Company shall be demerged into Alchemist Hospitals (Gurgaon) Pvt. Ltd. i.e. Transferee/Resulting/Petitioner No. 2 Company. The undertaking given by the petitioner companies shall be complied with. The Scheme shall be binding on the Demerged and Resultant companies, their respective Shareholders, Creditors and all concerned. Let formal order of sanction of the Scheme of Arrangement be drawn in accordance with law and its certified copy be filed with the Registrar of Companies within 30 days from the date of receipt thereof.
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