GRUH Finance announced that the National Company Law Tribunal,
Ahmedabad Bench on 18 September 2019 has passed an order, inter alia, sanctioning the Scheme of amalgamation between the company and Bandhan Bank. Certified copy of the order is awaited.
The Scheme is now subject to the approval of the National Company Law Tribunal, Kolkata
Bench, where the registered office of Bandhan, the transferor company, is situated.
The Scheme will become effective upon the filing of the orders passed by both Benches of the National Company Law Tribunal with the jurisdictional Registrar of Companies.