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INDIAN HOTELS CO.LTD. - Board Meeting on Oct 19, 2015
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16 Oct 2015
Indian Hotels Company Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on October 19, 2015, inter alia, to :&lt;BR&gt;&lt;BR&gt;1. Consider and if thought fit, approve the amalgamation of the Company with Lands End Properties Private Limited (LEPPL), a wholly owned subsidiary, by way of a scheme of arrangement between the Company, LEPPL and their respective shareholders and creditors under the provisions of Sections 391-394 of the Companies Act, 1956, read with Section 52 of the Companies Act, 2013, Section 78 and Sections 100 to 103 of the Companies Act, 1956; and&lt;BR&gt;&lt;BR&gt;2. Consider and if thought fit, approve the amalgamation of the Company with International Hotel Management Services LLC (IHMS), a wholly owned subsidiary incorporated in the State of Delaware, United States of America, by way of a scheme of arrangement between the Company, IHMS and their respective shareholders and creditors under the provisions of Sections 391-394 of the Companies Act, 1956, read with Section 52 of the Companies Act, 2013, Section 78 and Sections 100 to 103 of the Companies Act, 1956.
View all announcements for INDIAN HOTELS CO.LTD. Source: BSE India