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2010 (5) TMI 386 - HIGH COURT OF GUJARATAmalgamation scheme - Held that:- proposed scheme of arrangement/amalgamation of respective Transferor-Companies i.e., (i) Aakaar Leasing and Construction Pvt. Ltd. (ii) Giriraj Enterprise Pvt. Ltd. and (iii) Landmark Structures Pvt. Ltd. with the petitioner of Company Petition No. 186 of 2009 i.e., M.T. Shroff Finance Pvt. Ltd. (Transferee-Company) is hereby sanctioned and approved and prayer in terms of paragraph No. 16(a) in respective petitions are hereby granted on conditions that proposed new name of the Transferee-Company shall be allowed subject to availability of the same. The Transferee-Company to comply with the provisions of sections 21 and 23 of the Companies Act, 1956 in respect of the changing of the necessary forms with the Registrar of Companies. Transferee-Company to change its object clause suitably as per provisions of Companies Act, 1956 and on sanctioning of the scheme. The change be notified to the RBI also. It is ordered that appointed date for sanctioning of the scheme shall be 16-5-2010.
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