Set back to Reebok: Delhi HC upholds rejection of Conversion to Limited Liability Company [Read Order]

The Delhi HC upheld the rejection of conversion to limited liability company which resulted in a setback to Reebok

By Kalyani B. Nair - On February 23, 2024 10:59 am - 3 mins read

Delhi High Court - Limited Liability Company - Reebok - Conversion rejection - Corporate conversion rejection - taxscan

In a major setback to Reebok Company, the Delhi High Court upheld the rejection of conversion to limited liability company. After consideration of the changing conditions in the external environment in which the Petitioner/Company operated and on evaluating its organizational structure and further considering the changes in its strategy and key management of the Company,…

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