| Indiabulls Housing Finance Ltd has informed BSE that the Hon_ble High Court of Delhi has approved the Scheme of Arrangement, involving merger of Indiabulls Finance Company Private Limited (IFCPL) with Indiabulls Commercial Credit Limited (ICCL) ('Scheme_'), both wholly owned subsidiaries of the Company. The Scheme has become effective from March 31, 2016, in terms whereof IFCPL, as a going concern, stands merged with ICCL, with effect from April 01, 2015, the Appointed Date under the Scheme. | | Powered by Capital Market - Live News |
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