TMI Blog2014 (8) TMI 493X X X X Extracts X X X X X X X X Extracts X X X X ..... the Regional Director, Northern Region and the Official Liquidator, attached with this Court to the proposed Scheme of Amalgamation, there appears to be no impediment to the grant of sanction to the Scheme of Amalgamation. Consequently, sanction is hereby granted to the Scheme of Amalgamation under sections 391 and 394 of the Act. The Petitioner Companies will comply with the statutory requirements in accordance with law - Amalgamation sanctioned. - CO. PET. 245 /2014 - - - Dated:- 23-7-2014 - Hon'ble Mr. Justice Sanjeev Sachdeva,JJ. For the Petitioner : Mr. Ashish Middha, Advocate For the Respondent : Mr. Atma Sah, Mr. Rajiv Behl, Advocate for the Official Liquidator. ORDER Sanjeev Sachdeva, J (Oral) 1. This s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... re dispensed with. 8. The Petitioner Companies had thereafter filed the present petition seeking sanction to the Scheme of Amalgamation. Vide Order dated 22nd March, 2014, notice of the petition was directed to be issued to the Regional Director, Northern Region, Ministry of Corporate Affairs and the Official Liquidator attached with this Court. Citations were also directed to be published in Business Standard (English, Delhi Edition) and Veer Arjun (Hindi, Delhi Edition). Affidavit of Service and Publication has been filed by the Petitioners showing compliance regarding service of the petition on the Regional Director, Northern Region and the Official Liquidator, and also regarding publication of citations in the aforesaid newspaper ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ee Company shall change from ETM Technologies Private Limited to KVTEK Power Systems Private Limited without any further act or deed. Transferee Company may be directed to follow the prescribed procedure of the Companies Act. 13. The petitioner has filed an affidavit submitting that the Transferee Company undertakes to file the necessary forms with the Registrar of Companies for change of name. Learned counsel for the petitioner further undertakes on behalf of the Petitioner companies that the statutory compliances for change of name as stipulated by the Company Act shall be duly followed. 14. In view of the aforesaid clarification and undertaking given by the Petitioners, the concerns of the Regional Director have been duly addr ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
