Arisinfra Solutions: NCLT Allows First Motion for Amalgamation

Arisinfra Solutions Limited announced that the Hon'ble National Company Law Tribunal (NCLT), Mumbai Bench, has passed an order allowing the first motion application for the amalgamation of Arisunitern Re Solutions Private Limited with Arisinfra Solutions Limited. The NCLT has directed the convening of meetings for shareholders and secured creditors of Arisinfra Solutions Limited to consider and approve the scheme. Notices will also be issued to unsecured creditors and relevant regulatory authorities. This order is procedural, paving the way for further statutory and regulatory approvals, including the final sanction from the NCLT.