
Sammaan Capital: NCLT Admits Second Motion Petition for Amalgamation
Sammaan Capital Ltd announced that the National Company Law Tribunal (NCLT) has admitted the Second Motion Petition concerning a proposed Scheme of Amalgamation. The NCLT order was dated September 21, 2026, and the company received it on September 25, 2026. The next hearing for this petition is scheduled for November 16, 2026. The filing indicates that notices will be issued to various government bodies including the Central Government, Regional Director, Registrar of Companies, Income Tax Department, BSE Limited, and the Reserve Bank of India. Additionally, notices are to be published in the Financial Express (English) and Jansatta (Hindi) newspapers in the Delhi NCR edition. The company is required to file proof of service and publication within four weeks, while statutory authorities must submit their reports within two weeks of receiving the notice.
Key Highlights
- NCLT admits Second Motion Petition for proposed Scheme of Amalgamation.
- Next hearing date set for November 16, 2026.
- Notices to be served to government bodies and published in newspapers.
- Company to file proof of service and publication within four weeks.
Price Impact
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