The Mumbai NCLT bench has approved the merger of Inox Infrastructure Limited with its parent company GFL Limited, allowing the two companies to consolidate their corporate structure. The merger aims to simplify the group's structure, reduce administrative costs, and eliminate duplication in record-keeping. The scheme will transfer all assets, liabilities, and tax obligations of Inox Infrastructure to GFL once it takes effect.
Read the full original article
Source: freepressjournal.in



