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2016 (2) TMI 1131 - HC - Companies LawScheme of amalgamation - Held that:- This Court had dispensed with holding of meetings of all the Equity Shareholders and unsecured creditors of the Scope E-Knowledge Center Private Limited (Transferor Company/ Petitioner Company I) and secured and unsecured creditors of the Quatrro Global Services Private Limited (Transferee Company/ Petitioner Company II) and further directed to convene the meeting of Equity Shareholders of Petitioner Company II. There was no secured creditor of the Petitioner Company-I. 19 equity shareholders holding 1,71,63,15,911 equity shares, out of which 1,67,08,23,411 equity shares are of the face value of ₹ 1/- each and 4,54,92,500 equity shares are of the face value of ₹ 1/- each (with 0.1 called and paid up value), amounting to ₹ 1,67,53,72,661/-, voted in favour of the scheme of Arrangement. Thus, 100% has voted in favour of the Scheme in number and value, who were present. From a perusal of the report, it transpires that the Scheme has been approved by the 100% of the equity shareholders present and voting.
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