(02-Dec-2017 Hours IST)
We hereby inform you that a joint petition for sanctioning of the said Scheme under Section 230 to 234 of the Companies Act, 2013 was presented before the Hon'ble National Company Law Tribunal, at Mumbai (Hon'ble Tribunal) and was admitted by Hon'ble Tribunal on 30th November, 2017. The said petition is now fixed for hearing on Wednesday, 13th December, 2017 before the Hon'ble Tribunal at 10.30 o'clock in the forenoon or soon thereafter. The Company has published a notice of hearing of said Petition in Petition in two local newspapers viz. 'Free Press Journal' on 1st December, 2017 and in Financial Express' on 2nd December, 2017 in English language and translation thereof published in 'Navshakti' in Marathi language on 1st December, 2017 as per Rule 16 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, copies whereof is enclosed herewith. We refer to our letters dated April 27, 2017, September 16, 2017, December 2, 2017 and December 16, 2017. We now wish to inform you that, the certified true copy of the order of the Hon'ble National Company Law Tribunal, Mumbai Bench (Tribunal) approving the Scheme of Amalgamation of Mahindra Forgings Global Limited ('MFGL'), Mahindra Forgings International Limited ('MFIL'), Mahindra Gears & Transmissions Private Limited ('MGTPL') and Crest Geartech Private Limited ('Crest') with Mahindra CIE Automotive Limited ('MCIE' or 'Company') (the Scheme) has been filed with the concerned Registrar of Companies, Maharashtra by MGTPL and Crest (Transferor Companies in India) & by the Company. Further, name of MFIL and MFGL (Transferor Companies in Mauritius) has been struck off from the registers by the concerned Registrar of Companies, Mauritius in accordance with its Law. Accordingly the Scheme has become effective on December 31, 2017. A copy of the Order enclosed herewith for your record (As per BSE Announcement date on 02/01/2018)
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