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2016 (4) TMI 1016 - HC - Companies LawScheme of Arrangement - Held that:- The queries of the Regional Director have been met with by the petitioner. It is, therefore, ordered that, the Scheme, at Exhibit “C" to the petition, is sanctioned and the prayers as prayed at paragraph12 (a) in the petition are granted. This order of sanction is subject to any order that shall be made by the High Court of Kolkata in the proceedings taken out by the Transferor Company. The petitioner is directed to pay fees amounting to ₹ 7,500/to Mr.Devang Vyas, learned Assistant Solicitor General of India. Filing and issuance of drawn up orders are dispensed with. All the concerned authorities to act on this order along with the Scheme as shall be authenticated by the Registrar, High Court of Gujarat. The petitioner is directed to lodge the copy of this order as on the date of this order and Scheme duly authenticated by the Registrar, High Court of Gujarat. The Registrar, High Court of Gujarat shall issue the authenticated copy of this order along with the Scheme, within 7 days of the passing of this order.
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