At meeting held on 23 April 2018
The Board of Quess Corp at its meeting held on 23 April 2018 has unanimously approved and considered the Composite Scheme of Arrangement and Amalgamation between Thomas Cook (India) ('TCIL'), Quess Corp ('QCL'), subsidiaries of TCIL and their respective shareholders ('the Scheme') in accordance with the provisions of Section 230 to 232 read with Sections 52, 55 and 66 of The Companies Act, 2013. The Scheme, inter-alia, provides Demerger of the human resource services business of TCIL relating to staffing / human resource services for conducting tours and other businesses, talent development and training, resource management, facilities management services, selection services, food services and engineering services (Demerged Undertaking 2) from TCIL into QCL.Powered by Capital Market - Live News
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