Upgrad LLM

merger


Dear Members

Please suggest

If anyone has faced such situation

A Transferee Company has filed Merger Pettion to NCLT and NCLT has passed the first and second motion oder. At the same time company has find that one name is erroneously mentioned as creditors in Creditors list . In actual the party is debtor on the date.

 

So please suggest Is it ok or we have to intimate NCLT 

I think we had shown one creditor more, so there is no issue

but if there is Vice Versa ( not showing the one creditor name) then it will create problem.

 

Please suggest

 
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Please suggest how to file NCLT -1
 
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Advocate , Hyderabad

You can amend the application using IA, and get approval from NCLT. hope by this time, you have completed this.Please let us know, how you done

 
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