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Thomas Cook (India) intimates of NCLT approval for composite scheme of arrangement and amalgamation between its subsidiaries

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Capital Market

On 20 April 2017

Thomas Cook (India) announced that it has received intimation on 20 April 2017 from Travel Corporation (India) (TCI) and SOTC Travel Services (formerly known as Kuoni Travel (India)) ('SOTC'), wholly owned subsidiaries of the Company, pertaining to approval granted by the National Company Law Tribunal (NCLT) for the Composite Scheme of Arrangement and Amalgamation between SOTC Travel Services (earlier known as Kuoni Travel (India)), Distant Frontiers Tours, SITA Beach Resorts, SITA Destination Management, SITA Holidays (India), SITA Holidays Resorts, SITA Incoming (India), SOTC Travel (formerly known as SITA Travels) and Travel Corporation (India).

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First Published: Apr 21 2017 | 9:20 AM IST

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