Tata Consumer Products Limited has successfully merged its wholly owned subsidiaries, Tata Consumer Soulfull Pvt Ltd and NourishCo Beverages Ltd. (TCPL), with the approval of the NCLT (National Company Law Tribunal), and Tata SmartFoodz Ltd. with TCPL. This is in…
NCLT
NCLAT (National Company Law Appellate Tribunal) has permitted withdrawal of corporate insolvency resolution process (CIRP) against Kanoria Sugar and General Manufacturing Company. A two-member bench of the National Company Law Appellate Tribunal (NCLAT) permitted Punjab National Bank, the financial creditor…