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Corporate News
27-Jan-16
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Action Construction Equipment updates on scheme of amalgamation
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Scheme becomes effective from 22 January 2016
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Action Construction Equipment announces that it has filed with the Registrar of Companies, Delhi, in E-form INC-28, the Order of the Hon ble High Court of Punjab & Haryana, at Chandigarh, passed in the matter of Company Petition No. 128 of 2015 connected with Company Petition No. 61 of 2015, sanctioning the Scheme of Amalgamation of ACE TC Rentals (Transferor Company) with Action Construction Equipment (Transferee Company) under Sections 391 to 394 and other applicable provision of the Companies Act, 1956.
With the above filing, the scheme becomes effective from 22 January 2016. The appointed date for the scheme of amalgamation is 01 April 2014.
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