Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2013 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2013 (1) TMI 31 - DELHI HIGH COURTScheme of Amalgamation - Held that:- Transferor Company and the Transferee Company have no proceedings under Section 235 to 251 of the Companies Act, 1956 pending against them. Meeting of the Equity Shareholders of the Applicant Company to be held on January 16, 2013 at the registered office of the company at 2-A 1st Floor, Malviya Nagar Corner Market, New Delhi 110 017 at 11.30 A.M. to be headed by appointed Chairperson & Alternate Chairperson. Notices for the meeting of the Equity Shareholders of the Applicant Company shall be published minimum 21 days in advance in the Delhi editions of English & Hindi prescribed newspaper. Alternately, individual notices should also be sent by ordinary post minimum 21 days in advance. If Quorum is not present in the meeting, then the meeting would be adjourned for 30 minutes and thereafter, the persons present in the meeting would be treated as proper Quorum. Voting by proxy is permitted proxy forms submitted not later than 48 hours before the said meeting. The Chairperson and the Alternate Chairperson shall file their reports within fifteen days of the conclusion of the said meeting. No meeting of Secured Creditors of the Applicant Company is required to be convened as they do not have any - consent letters placed on record by the Applicant Company, representing 79% in value and 64% in number of the Unsecured Creditors of the meeting of the Unsecured Creditors of the Applicant Company is dispensed with.
|