Home Case Index All Cases Companies Law Companies Law + Tri Companies Law - 2019 (8) TMI Tri This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (8) TMI 1542 - Tri - Companies LawSanction of Scheme of Amalgamation - holding and convening of various meetings - HELD THAT:- The First Applicant Company undertake to: i. Issue Notice convening meeting as per Form No. CAA.2 (Rule 6) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 ii. Issue Explanatory Statement containing all the as per Section 230(3) of the Companies Act, 2013 and Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 iii. Issue Form of Proxy (Rule 10 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016]; and iv. Advertise the Notice convening meeting as per Form No. CAA.2 [Rule 7 of Companies (Compromises, Arrangements and Amalgamations) Rules, 2016]. The said undertaking given by the Applicant Companies are accepted. That at least one month before the said Meetings of the Equity Shareholders of the First Applicant Company to be held as aforesaid, a notice convening the said Meeting at the place, day, date and time as aforesaid, together with a copy of the Scheme, a copy of statement disclosing all material facts as required under Section 230(3) of the Companies Act 2013 read with Rule 6 of the Companies (Compromises, Arrangements and Amalgamations) Rule, 2016 notified on 14th day of December, 2016 - The Notice of the meetings shall be published in the state of Maharashtra Business Standard in English Language and Navshakti in Marathi Language, both having wide circulation in the State in which the Registered office of the Company is situated, by the First Applicant Company, not less than 30 days before the date fixed for the meeting. The Applicant Companies are directed to serve notices along with copy of scheme - The Transferor Company (i.e. the First Applicant Company) are also directed to serve notice of the meeting upon Official Liquidator, pursuant to Section 230(5) of the Companies Act, 2013 and as per Rule 8 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016.
|