StockWatch
·
Diversified Commercial Services
Legal26 Oct 2026, 05:50 pm

Ekam Leasing: NCLT Hearing on Amalgamation Scheme Set for Dec 14

AI Summary

Ekam Leasing and Finance Company Ltd has provided an update on the ongoing scheme of amalgamation involving Rex Overseas Private Limited and S & S Balajee Mercantile Private Limited. In a hearing held on October 12, 2026, the National Company Law Tribunal (NCLT), New Delhi Bench, directed various regulatory authorities and the company to file their reports. The next hearing date has been scheduled for December 14, 2026. The NCLT order, pronounced on October 12, 2026, was received on October 16, 2026. SEBI has stated it has no role in this matter and is at liberty to file a short affidavit. The RBI, Income Tax Department, and Official Liquidator have been directed to file their respective reports within specified timelines.

Key Highlights

  • NCLT hearing on amalgamation scheme scheduled for December 14, 2026.
  • Regulatory authorities directed to file reports by NCLT.
  • SEBI confirms no role in the amalgamation proceedings.
  • RBI, IT Dept, and OL to submit their reports to NCLT.