NCLT approves scheme for merger of six NBFCs with Aditya Birla Group parent company

The scheme was found to be fair, reasonable and not violative of any provisions of law or public policy.
NCLT Mumbai Bench
NCLT Mumbai Bench

The National Company Law Tribunal (NCLT) at Mumbai recently approved the merger scheme between six non-banking financial corporations (NBFCs) and the parent company of the Aditya Birla Group companies.

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