Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2010 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (7) TMI 267 - HIGH COURT OF KARNATAKACompromise and arrangement - Held that:- As the petitioner has made out a case for sanction of scheme of arrangement at Annexure A. Hence, the company petition is allowed. The scheme of arrangement at Annexure A to the petition is hereby sanctioned subject to sanction of scheme of arrangement by the High Court of judicature at Bombay in respect of the transferor/demerged company and the petitioner company complying with the observations made by the Registrar of the Companies, and the same shall be binding on the shareholders, creditors of the company and also on the said company. The petitioner company shall file copy of this order with the Registrar of Companies, Karnataka and Registrar of Companies, Bombay within thirty days from the date of receipt of copy of this order.
|