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2021 (2) TMI 56 - NATIONAL COMPANY LAW TRIBUNAL, SPECIAL BENCH, MUMBAIApproval of scheme of Arrangement involving Demerger - Sections 230 to 232 of the Companies Act, 2013 - HELD THAT:- From the material on record, the Scheme appears to be fair and reasonable and does not violate any provisions of law and is not contrary to public policy or public interest. Since all the requisite statutory compliances have been fulfilled, CP(CAA)/4039/MB.II/2019 has been made absolute - The Scheme of Arrangement is sanctioned hereby, and the Appointed Date of the Scheme of Arrangement is 1st day of April, 2019 as defined in Clause 1.3 of the Scheme.
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