- Court
- High Court of Madras
- Decided
- 23 February 2026
- Bench
- P.T. Asha
- Case no.
- WP 1921/2026
Judgment
ORDER This Writ Petition has been filed for the following reliefs:- "directing Respondent No. 1 to pass an order permitting withdrawal of the Scheme between the Petitioners and/or to recall its order bearing File No.5/M-29/CAA-11/RD(SR)/Sec.233 of CA 2013/2025-26, dated November 07, 2025, passed under Section 233 of the Act read with Rule 25(5) of the CAA Rules, within a time-bound period or b) in the alternative, issue a writ of declaration or any other appropriate writ, order or direction in the nature of a declaration, declaring that the Scheme as confirmed by the order bearing File No.5/M-29/CAA-11/RD(SR)/Sec.233 of CA 2013/2025-26, dated November 07, 2025, passed by Respondent No. 1 is ineffective and inoperative in law."
¶2On 18.02.2026, a memo dated 17.02.2026 has been filed by the petitioners stating as follows:- "1. In view of the submissions made by Respondents in paragraphs 2 and 3 of their counter affidavit dated 16.02.2026 that the Scheme of Arrangement between the Petitioners stood registered on 07.11.2025 and has come into effect by operation by law under Section 233 of the Companies Act, 2013, the present Writ Petition may be disposed of in terms thereof with liberty to Petitioner No. 1 to pursue such remedies as may be available in law, including entering into a fresh scheme of arrangement for demerger and/or undertaking a slump sale.
¶2The Petitioner No. 1 may further be permitted to inform the relevant authorities of the Scheme and this order by filing appropriate forms within a period of 30 days from the date of receipt of a copy of this order."
¶3On 18.02.2026, the respondent's counsel sought time to obtain instructions on the memo filed. Page4 of 5
¶4Today, the learned counsel appearing on behalf of the respondents, on instructions, submitted that he has no objection to the memo being recorded.
¶5In view of the above, the Memo dated 17.02.2026 is taken on file and the Writ Petition is disposed of in terms of the said memo. No costs. Consequently, the connected Miscellaneous Petition is closed. 23-02-2026 Index: Yes/No Speaking/Non-speaking order SHR To
¶1The Regional Director, Southern Region, Having its office at Shastri Bhavan', Block 1, V Floor, 26, Haddows Road, Chennai Tamil Nadu, India - 600 006.
¶2The Registrar of Companies, Chennai Having its office at Block No.6, B Wing, 2nd Floor, Shastri Bhawan 26, Haddows Road, Chennai Tamilnadu, India 600034. WPoNo.o1921oofo2026 P.T.ASHAoJ. SHR WPoNo.o1921oofo2026 AND WMPoNO.o2023oOFo2026 23-02-2026 (1/2) Page5oofo5
Case details
Parties and counsel
Page1 of 5 IN THE HIGH COURT OF JUDICATURE AT MADRAS DATED: 23-02-2026 CORAM THE HON'BLE MS. JUSTICE P.T. ASHA AND WMP NO. 2023 OF 2026 1. Omega Healthcare Management Services Pvt. Ltd. Represented by is Authorised Signatory Mr. Narayanan Asuri, 9th floor, Campus 2, RMZ Millennia Business Park II, No. 143, Dr. MGR road, Kandanchavadi, Chennai, Tamil Nadu, India 600096. 2. Vasta Bio-Informatics Pvt. Ltd. Represented by its Authorised Signatory Mr. Narayanan Asuri, 9th floor, Campus 2, RMZ Millennia Business Park II, No. 143, Dr. MGR road, Kandanchavadi, Chennai, Tamil Nadu, India 600096. 3. Reventics Pvt. Ltd. Represented by its Authorised Signatory Mr. Narayanan Asuri 9th floor, Campus 2, RMZ Millennia Business Park II, No. 143, Dr. MGR road, Kandanchavadi, Chennai, Tamil Nadu, India 600096. ..Petitioner(s) Page2 of 5 Vs 1. The Regional Director, Southern Region, Having its office at Shastri Bhavan', Block 1, V Floor, 26, Haddows Road, Chennai Tamil Nadu, India - 600 006. 2. The Registrar of Companies, Chennai Having its office at Block No.6, B Wing, 2nd Floor, Shastri Bhawan 26, Haddows Road, Chennai Tamilnadu, India 600034. ..Respondent(s) Prayer:- Writ petition filed under Article 226 of the Constitution of India praying for issuance of a writ of Mandamus, directing Respondent No. 1 to pass an order permitting withdrawal of the Scheme between the Petitioners and/or to recall its order bearing File No.5/M-29/CAA-11/RD(SR)/Sec.233 of CA 2013/2025-26, dated November 07, 2025, passed under Section 233 of the Act read with Rule 25(5) of the CAA Rules, within a time-bound period or b) in the alternative, issue a writ of declaration or any other appropriate writ, order or direction in the nature of a declaration, declaring that the Scheme as confirmed by the order bearing File No.5/M-29/CAA-11/RD(SR)/Sec.233 of CA 2013/2025-26, dated November 07, 2025, passed by Respondent No. 1 is ineffective and inoperative in law. For Petitioner(s): Mr.Satish Parasaran, Senior Counsel for Mr.Arun Karthik Mohan For Respondent(s): Mr.Venkataswamy Babu, CPC For R1, R2 Page3 of 5
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