As filed · Dcm Shriram Industries Limited has informed the Exchange regarding 'Certified true copy of the Order obtained from the Hon'ble NCLT, New Delhi Bench in the matter of the Composite Scheme of Arrangemen
Dcm Shriram Industries Limited has informed the Exchange regarding 'Certified true copy of the Order obtained from the Hon'ble NCLT, New Delhi Bench in the matter of the Composite Scheme of Arrangement'. National Company Law Tribunal (NCLT), New Delhi Bench, had sanctioned the Composite. Limited (Resultant Company 2 / DSIL) and their respective shareholders, under Section 230.
Once an insolvency process is admitted, control of the company passes from the board to a resolution professional and equity ranks last in any recovery.
