Scheme becomes effective on 31 December 2014
Sabero Organics Gujarat announced that copies of the Orders of the Hon'ble High Court of Judicature at Hyderabad for the State of Telangana and State of Andhra Pradesh and the Hon'ble High court of Gujarat approving the Scheme of Amalgamation of Sabero Organics Gujarat (Transferor Company) with Coromandel International (Transferee Company) have been filed by the Transferee Company and the Transferor Company, with the respective Registrar of Companies on 24 November 2014 and 31 December 2014 respectively.With the filing of the Court Orders with the respective Registrar of Companies the Scheme has become Effective from 31 December 2014 as provided in the Scheme and the Transferor Company stands dissolved without winding up as provided in the Scheme and the provisions of Section 394 of the Companies Act, 1956.
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