NCLAT clears merger of Indiabulls Real Estate and Embassy Group, overturns NCLT order

The merger had been delayed for over 18 months due to objections raised by the Income Tax Department regarding valuation and the share swap ratio under the scheme.

Jan 12, 2025 - 05:30
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NCLAT clears merger of Indiabulls Real Estate and Embassy Group, overturns NCLT order
The merger had been delayed for over 18 months due to objections raised by the Income Tax Department regarding valuation and the share swap ratio under the scheme.

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