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MCA sanctions scheme of arrangement of non-core assets of Shipping Corporation of India

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Shipping Corporation of India announced that the Ministry of Corporate Affairs (MCA) vide its order dated 22 February 2023 has sanctioned the Scheme of Arrangement for Demerger of Non-Core Assets (Demerged Undertaking) of Shipping Corporation of India (SCI/Demerged Company) into Shipping Corporation of India Land and Assets (Resulting Company) (Scheme of Arrangement).

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First Published: Feb 23 2023 | 7:03 PM IST

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