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BSE SENSEX
74,339.44
+486.50
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Corporate Announcement
Security Code
532843
Company
FORTIS HEALTHCARE LTD.
Exchange Received Time
15/06/2018 18:18:45
Exchange Disseminated Time
15/06/2018 18:18:50
Time Taken
00:00:05
Regulation 30 - Approval For The Withdrawal Of The Composite Scheme Of Arrangement And Amalgamation |
6/15/2018 6:18:46 PM
Further to our letter vide FHL/SEC/STEX/RR/2018-19 dated June 13, 2018 with regard to the withdrawal of the composite scheme of arrangement and amalgamation between the Company, Fortis Malar Hospitals Limited ('FMHL'), SRL Limited ('SRL') and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act ('Act') (erstwhile Sections 391-394 of the Companies Act, 1956), read with Section 52 and Section 66 of the Act (erstwhile Sections 100 to 103 of the Companies Act, 1956) ('Scheme'), we would like to inform that the National Company Law Tribunal ('NCLT'), Chandigarh Bench has today approved the withdrawal of the said Scheme.
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