ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>Digital payments firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/pine-labs”>Pine Labs has secured the nod from the National Company Law Tribunal ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nclt” target=”_blank”>NCLT) to merge its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/singapore-entity” target=”_blank”>Singapore entity with its India entity, thereby reverse flipping its parent entity back to India.

Pine Labs becomes the second major fintech company after data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/groww-moves-domicile-to-india-from-the-us/articleshow/109986924.cms” data-type=”tilCustomLink” target=”_blank”>Groww to reverse flip its parent entity to India in recent times. Another fintech firm, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/ettech-exclusive-in-reverse-flip-razorpay-parent-entity-plans-to-return-to-india-from-the-us/articleshow/100080956.cms” data-type=”tilCustomLink” target=”_blank”>Razorpay, is currently in the process of reverse flipping its holding entity to India from the United States.

In an order issued on April 9, the Chandigarh-bench of the NCLT said that Pine Labs has taken…

ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/digital-payments” target=”_blank”>Digital payments firm ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/pine-labs”>Pine Labs has secured the nod from the National Company Law Tribunal ( ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/nclt” target=”_blank”>NCLT) to merge its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/singapore-entity” target=”_blank”>Singapore entity with its India entity, thereby reverse flipping its parent entity back to India.

Pine Labs becomes the second major fintech company after data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/groww-moves-domicile-to-india-from-the-us/articleshow/109986924.cms” data-type=”tilCustomLink” target=”_blank”>Groww to reverse flip its parent entity to India in recent times. Another fintech firm, data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/tech/startups/ettech-exclusive-in-reverse-flip-razorpay-parent-entity-plans-to-return-to-india-from-the-us/articleshow/100080956.cms” data-type=”tilCustomLink” target=”_blank”>Razorpay, is currently in the process of reverse flipping its holding entity to India from the United States.

In an order issued on April 9, the Chandigarh-bench of the NCLT said that Pine Labs has taken…