On 13 April 2015
Sterling Holiday Resorts (India) announced that the Hon'ble High Court of Madras has on 13 April 2015 sanctioned the Composite Scheme of Arrangement and Amalgamation between Sterling Holiday Resorts (India) and Thomas Cook Insurance Services (India) and Thomas Cook (India) and their respective shareholders and creditors under the provisions of Sections 391 to 394 and Sections 78 read with Sections 100 to 103 of the Companies Act, 1956 and any corresponding provisions of Companies Act, 2013 ("Scheme").Powered by Capital Market - Live News