Merger23 May 2026, 05:51 pm
Salasar Techno: NCLT Approves Amalgamation of EMC Limited
AI Summary
The National Company Law Tribunal (NCLT), Kolkata Bench-II, has sanctioned the Scheme of Amalgamation of EMC Limited with Salasar Techno Engineering Limited. The appointed date for the scheme is October 23, 2024. Salasar Techno is obtaining the certified copy of the NCLT Order for filing with the Registrar of Companies, Kolkata. The NCLT Allahabad Bench, Prayagraj, had already approved the scheme. Upon filing the certified copy, EMC Limited will be dissolved without winding up.
Key Highlights
- NCLT Kolkata approves EMC Limited's amalgamation with Salasar Techno.
- Appointed date for the amalgamation scheme is October 23, 2024.
- Salasar Techno to file NCLT order with the Registrar of Companies.
- EMC Limited will be dissolved post-filing of the order.
- NCLT Allahabad had previously approved the amalgamation scheme.
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