Corporate consolidation: NCLT clears merger of Suzuki Motor Gujarat with Maruti Suzuki India; tribunal finds no impediment to consolidation plan
[ad_1] The National Company Law Tribunal (NCLT) has approved the merger of Suzuki Motor Gujarat Pvt Ltd with its parent company, Maruti Suzuki India Ltd, marking a key consolidation move for the country’s largest carmaker.A two-member bench of the Principal Bench in New Delhi, comprising President Ramlingam Sudhakar and Member Ravindra Chaturvedi, sanctioned the scheme…