×

or

National Company Law Tribunal (NCLT) approves mergers of Oracle India Private Limited (OIPL) and its 14 group companies

National Company Law Tribunal (NCLT) approves mergers of Oracle India Private Limited (OIPL) and its 14 group companies

J . Sagar Associates (JSA) advised and represented Oracle India Private Limited (OIPL) and its 14 group companies in relation to a scheme of arrangement seeking amalgamation of the group companies into OIPL. The Company Petition was filed before the Delhi High Court for approval of the Scheme. Subsequently, the matter was transferred from Delhi High Court to National Company Law Tribunal, Delhi in pursuance of a notification issued by Ministry of Corporate Affairs. The NCLT approved the scheme under Section 391-394 of Companies Act, 1956.

The JSA team comprised of Partner – Lalit Kumar; Senior Associates – Arnav Joshi and Bharati Joshi advised on the scheme of amalgamation;

Partner – Amitabh Kumar; Principal Associate – VaibhavChoukse and Associate – Ela Bali, advised on competition law aspects concerning the Scheme;

Partners – Dheeraj Nair and Divyam Agarwal; Associates – Raghav Sabharwal and Kunal Chaturvedi represented the clients before the Delhi High Court and NCLT.

About Lex Witness

Lex Witness Bureau

The LW Bureau is a seasoned mix of legal correspondents, authors and analysts who bring together a very well researched set of articles for your mighty readership. These articles are not necessarily the views of the Bureau itself but prove to be thought provoking and lead to discussions amongst all of us. Have an interesting read through.