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LIBERTY PHOSPHATE LTD. - Updates on Scheme of Amalgamation
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09 May 2014
Liberty Phosphate Ltd has informed BSE that certified copies of the Orders of the Hon&apos;bie High Courts of Andhra Pradesh and Gujarat approving the Scheme of Amalgamation of Liberty Phosphate Limited and Liberty Urvarak Limited (Transferor Companies) with Coromandel International Limited (Transferee Company) have been received. Copies of the said Orders are being filed by the Transferor Companies and the Transferee Company, with the respective Registrar of Companies to-day. With the filing of the Court Orders with the Registrar of Companies the Scheme would become Effective from to-day as provided in the Scheme and the Transferor Companies would stand dissolved without winding up as provided in the Scheme and the provisions of Section 394 of the Companies Act 1956.&lt;br/&gt;&lt;br/&gt;In view of the above, the Board Meeting of Liberty Phosphate Limited, scheduled to be held on May 12, 2014, stands cancelled.&lt;br/&gt;&lt;br/&gt;As provided in the Scheme, Coromandel International Limited, the Transferee Company, will be fixing the Record Date in due course for ascertaining the shareholders of Liberty Phosphate Limited who will be eligible for allotment of the shares of Coromandel International Limited as provided under the Scheme.
View all announcements for LIBERTY PHOSPHATE LTD. Source: BSE India