NCLT clears merger of Airtel-Hughes VSAT satellite operations
The NCLT-Delhi’s principal bench has “subject to the applicable sectoral approvals, sanctioned the composite scheme of arrangement between Bharti Airtel, Bharti Airtel Services, HCIL and HCIL Comtel and their respective shareholders and creditors under Sections 230 to 232 of the Companies Act, 2013,” Bharti Airtel said in a regulatory filing on BSE Thursday.