Home Case Index All Cases Companies Law Companies Law + HC Companies Law - 2010 (5) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (5) TMI 385 - HIGH COURT OF GUJARATAmalgamation scheme - Held that:- Having heard Mrs. Swati Soparkar, learned advocate appearing on behalf of the petitioner Company and Shri R.M. Chhaya, learned Central Government Standing Counsel appearing for the Central Government and having gone through the petition, affidavits filed and the documents produced on record and having considered the submissions made in this regard, more particularly, the report submitted by the Regional Director and reply thereto by the petitioner Company by way of additional Affidavit dated 5-3-2010 and being satisfied with the Scheme of Amalgamation, I hold that it would be in the interest of the Companies, its members, creditors and more particularly considering the fact that the Scheme of Amalgamation has been sanctioned by the Bombay High Court in favour of the transferor Company, prayer in terms of para 27(a) of the petition is hereby granted.
|