Marking a big growth for the Indian travel-tech sector, this scheme includes the merger of the next six entities into Yatra On-line Restricted:
- Yatra TG Stays Non-public Restricted
- Yatra Lodge Options Non-public Restricted
- Yatra for Enterprise Non-public Restricted
- Yatra Company Lodge Options Non-public Restricted
- Journey.Co.In Non-public Restricted
- Yatra On-line Freight Companies Non-public Restricted
This transfer goals to streamline operations, remove duplication of efforts, and improve total effectivity throughout enterprise verticals.
In its order, the NCLT directed the amalgamating corporations and Yatra On-line to problem formal notices to a variety of regulatory our bodies, together with the Central Authorities, Reserve Bank of India, Securities and Trade Board of India (SEBI), Revenue Tax Authorities, Registrar of Firms, and the Competitors Fee of India, amongst others.
These authorities have been given a window of 30 days from the date of receipt of the notices to submit their representations or objections, if any. The businesses are additionally required to file affidavits confirming the completion of discover supply and publication.
The subsequent listening to within the matter is scheduled for August 13, 2025.
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