Dabur India Limited: Scheme of Arrangement – NCLT Order Reserved for Second Motion Petition
The National Company Law Tribunal (NCLT), New Delhi Bench, has reserved its order on a second motion petition filed in the scheme of amalgamation between Sesa Care Private Limited (the transferor) and Dabur India Limited (the transferee). The Scheme seeks to merge Sesa Care into Dabur India. By reserving the order, NCLT has indicated it will deliver a reasoned judgment addressing substantive or procedural objections raised in the second motion, likely pertaining to shareholder sanction, creditor claims, or regulatory compliance under the Companies Act 2013 merger framework. The status remains 'review' pending the tribunal's ruling.
Why it mattersScheme approval remains in abeyance pending NCLT determination on procedural/substantive grounds raised in second motion; amalgamation structure contingent on tribunal's interpretation of Companies Act 2013 s.230–232 merger thresholds and creditor/minority protections.
Counsel—
SectorConsumer & Retail
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Sources
- NSE NCLT Order Filing · official
- National Company Law Tribunal, New Delhi Bench (Case Registry) · official
- Dabur India Limited Investor Relations / Stock Exchange Announcements · official
- BSE Corporate Filings (Dabur India Limited) · official
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