Updates on Scheme of Arrangement for Reduction of Capital
Panasonic Appliances India Company Ltd has informed BSE that the Honble High Court of Judicature at Madras has sanctioned the Scheme of Arrangement under section 391 read with Sections 78, 100 to 104 of the Companies Act, 1956 between the Company and its shareholders & Creditors for reduction of capital ("the Scheme") on November 26, 2013. The Court Order sanctioning the Scheme has been filed with Registrar of Companies, Chennai Tamil Nadu on November 30, 2013....