{"id":1960,"date":"2018-09-08T14:53:55","date_gmt":"2018-09-08T14:53:55","guid":{"rendered":"http:\/\/financeintellect.com\/home-page\/home\/?p=1960"},"modified":"2018-09-08T14:53:55","modified_gmt":"2018-09-08T14:53:55","slug":"nclt-approves-merger-of-ina-bearings-luk-india-with-schaeffler-india-limited","status":"publish","type":"post","link":"https:\/\/financeintellect.com\/home-page\/home\/nclt-approves-merger-of-ina-bearings-luk-india-with-schaeffler-india-limited\/","title":{"rendered":"NCLT approves merger of INA Bearings, LuK India with Schaeffler India Limited"},"content":{"rendered":"<p>Schaeffler India Limited has<span lang=\"EN-US\">\u00a0announced that the Hon\u2019ble National Company Law Tribunal (\u2018NCLT\u2019), Mumbai has on September 7,2018, approved the Scheme of Amalgamation filed before it by the Company and INA Bearings India Private Limited.\u00a0<\/span><\/p>\n<div><span lang=\"EN-US\">The certified copy of the order of the NCLT, Mumbai is awaited.<\/span><\/div>\n<div><span lang=\"EN-US\"><br \/>\n<\/span>NCLT, Chennai has already approved the Scheme of Amalgamation filed before it by LuK India Private Limited,vide its order dated June 13, 2018.<\/p>\n<div>\nThe scheme now has requisite approvals of both the NCLTs \u2013 Mumbai and Chennai.<\/p>\n<p><u><\/u><u><\/u><u><\/u><u><\/u>The merger shall become operative on completionof certain legal formalities post receipt of the certified copy of order from NCLT, Mumbai.<\/div>\n<div><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Schaeffler India Limited has\u00a0announced that the Hon\u2019ble National Company Law Tribunal (\u2018NCLT\u2019), Mumbai has on September 7,2018, approved the Scheme of Amalgamation filed before it by the Company and INA Bearings India Private Limited.\u00a0 The certified copy of the order of the NCLT, Mumbai is awaited. NCLT, Chennai has already approved the Scheme of Amalgamation [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":1961,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[31],"tags":[1470,303,1469],"class_list":["post-1960","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-luk-india-private-limited","tag-national-company-law-tribunal","tag-nclts-mumbai-and-chennai"],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>NCLT approves merger of INA Bearings, LuK India with Schaeffler India Limited - Finance Intellect<\/title>\n<meta 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