On 31 October 2014
Tech Mahindra announced that the Hon'ble High Court of Judicature at Bombay on 31 October 2014 has approved the Scheme of Amalgamation and Arrangement pursuant to Sections 391 to 394 read with Sections 78, 100 to 104 and other applicable provisions of the Companies Act, 1956 of Mahindra Engineering Services ('MESL') with Tech Mahindra ('TML' or 'the Company') and their respective Shareholders and Creditors which, inter alia, envisages amalgamation of MESL and transfer and vesting thereof into the Company and other consequential matters under the provisions of Sections 391 to 394 read with Sections 78,100 to 104 of the Companies Act, 1956.The certified copy of this Order is yet to be received.
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