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2021 (6) TMI 275 - Tri - Companies LawApproval of Scheme of Merger - seeking directions for convening, holding and conducting of the meeting of the Shareholders - Section 230-232 of the Companies Act, 2013, r/w Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - HELD THAT:- Based on the prayers made by the Applicant Companies in the present Scheme of Merger, this Bench directs, in accordance to Section 230(5) of the Companies Act, 2013, to issue notices to the Regional Director (Northern Region), Ministry of Corporate Affairs, Income Tax Authorities, RoC concerned and the Official Liquidator. The authorities are directed to make objection/representations, if any within 30 days from the date of receipt of the notice. In the event that no objections or representations are made within the stipulated timeframe, it shall be presumed that they do not have any objections - The Applicant Companies are directed to place the notice on their website, if any, and also place the same on the notice board of the registered office of Companies. The Company Petition(s) shall be presented, on or before, 7 days from the date of filing the Chairman's Reports with the registry - Application disposed off.
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