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SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD. - Update on the Composite Scheme of Amalgamation & Arrangement
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21 Nov 2015
Sri Adhikari Brothers Television Network Ltd has informed BSE that the Honble High Court of Judicature at Bombay has sanctioned the Composite Scheme of Amalgamation and Arrangement between Maiboli Broadcasting Private Limited (Transferor Company) and Sri Adhikari Brothers Assets Holding Private Limited (First Demerged Company) and Sri Adhikari Brothers Television Network Limited (Transferee Company or Second Demerged Company&quot;) and UBJ Broadcasting Private Limited (Third Demerged Company) and HHP Broadcasting Services Private Limited (Fourth Demerged Company&quot;) and MPCR Broadcasting Service Private Limited (Fifth Demerged Company) and TV Vision Limited (First Resulting Company) and SAB Events &amp; Governance Now Media Private Limited (Formerly known as Marvick Entertainment Private Limited) (Second Resulting Company) and their Respective Shareholders under the provisions of Sections 391 to 394 read with Section 78, 100 to 103 and other relevant provisions of the Companies Act, 1956 and Section 52 and other relevant provisions of the Companies Act, 2013 on November 21, 2015.&lt;BR&gt;&lt;BR&gt;The Certified Copy of the Order sanctioning the Scheme is awaited. The Scheme will become effective upon filing of the Certified Copy of Order of the Honble High Court with Registrar of Companies, Mumbai.
View all announcements for SRI ADHIKARI BROTHERS TELEVISION NETWORK LTD. Source: BSE India