The present company NICCO UCO ALLIANCE CREDIT LTD. was incorporated (Annexure – A) as FURMANITE NICCO INVESTMENT LTD. on 18 th June, 1984 by seven persons with a Share Capital of Rs.200 and commenced business (Annexure – B) from 8 th August, 1984 (vide Certificates issued by the Registrar of Companies, Calcutta, Annexure – A & B).
The name of FURMANITE NICCO INVESTMENT LTD. was changed on 31 st May, 1989 to NICCO UCO FINANCIAL SERVICES LTD. as a result of a merger by an Order of the Calcutta High Court (vide Certificate dated 1 st June, 1989) issued by the Registrar of Companies.
Thereafter by an Order dated 6 th April, 1994 of the Calcutta High Court NICCO INVESTMENTS LTD. merged with NICCO UCO FINANCIAL SERVICES LTD. (vide copy of the Order dated 17 th May, 1994 of the Calcutta High Court. In the meantime, another large finance company, ALLIANCE CREDIT AND
INVESTMENTS LTD. (ACIL) merged with NICCO UCO FINANCIAL SERVICES LTD. (NUFSL) with effect from 20 th April, 1998 by an Order dated 20 th April, 1999 of the Calcutta High Court.
The name of NICCO UCO FINANCIAL SERVICES LTD. was changed to NICCO UCO ALLIANCE CREDIT LTD. from its existing name by the same Order dated 20 th April, 1999 (vide Certificate dated 10 th May, 1999, issued by the Registrar of Companies, Calcutta.
Prior to the aforesaid merger of ACIL with NUFSL, another company in the ALLIANCE group viz. ALLIANCE FUND MANAGEMENT LTD. merged with ALLIANCE CREDIT AND INVESTMENTS LTD. with effect from 1 st April, 1997.