As per my understanding, Idfc and idfc bank have got approval to hold shareholders meeting which is on 17th May. Post the shareholder approval, they will have to file final application with Nclt.
In case of Ujjivan, the above process is all done and the final order is reserved. So all that’s pending is getting the final judgement order from Nclt. Though I agree Nclt has been slow in case of Ujjivan reverse merger
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