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Exchange Disseminated Time 14/02/2017 13:17:01 | Vinaditya Trading Company Ltd has informed BSE that the Board of Directors of the Company at its meeting held on February 14, 2017, inter alia, has considered the matter of amalgamation of Company with M/s Flomic Freight Services Private Limited (Transferor Company) which was earlier considered at the Board meeting held on April 01, 2016, Pursuant to the constitution of National Company Law Tribunal(NCLT) and enforcement of NCLT provisions only the modification of the said passed resolution is done in respect of sections of Companies Act, 2013 and jurisdiction for approvals and sanctions which is changed from High Court to NCLT.
The Board has taken note of the same and the modification is done to the relevant parts of the resolution passed on April 01, 2016 containing references to the Sections and adjudicating authority so as to make it consonant with the Companies Act, 2013. |
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