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Sunday, October 13, 2019

Thomas Cook Update

We are pleased to inform you that the Hon’ble National Company Law Tribunal, Mumbai Bench, has, at the hearing on 10th October, 2019, allowed the Composite Scheme of Arrangement and Amalgamation amongst TC Forex Services Limited and Travel Corporation (India) Limited and TC Travel Services Limited and SOTC Travel Management Private Limited and Thomas Cook (India) Limited and Quess Corp Limited and their respective shareholders. 

We are in the process of obtaining the certified copies of the order. Further, the final hearing for Quess Corp Limited is scheduled on 18th October, 2019 in the Hon’ble National Company Law Tribunal, Bengaluru Bench. Once the order is received from both the NCLT Benches and filed with the respective Registrars of Companies, the scheme shall be made effective. 

Source  : Bse