9911796707
TMI Blog2001 (6) TMI 766X X X X Extracts X X X X X X X X Extracts X X X X ..... section 394 of the Companies Act, 1956 ('the Act') for approval of the scheme of amalgamation, a copy of which is filed herewith and marked Annexure IV. 2. The petitioner above-named is a company incorporated under the Companies Act, 1956, having its registered office at 207, Appollo Trade Centre, 2-B, Rajgarh Kothi, Geetha Bhawan Square, Agra Bombay Road, Indore (MP). The said scheme of amalgama ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... his Court. 3. Earlier, the petitioner-company filed company petition No. 37 of 2000 before this Court under section 391. This Court vide order dated 8-12-2000 appointed Shri V.S. Samvatsar, Advocate, as Chairman, and Smt. Meena Chaphekar, Advocate, as co-Chairperson, to convene separate meetings of the members and creditors of the petitioner-company for the purpose of considering and approving, w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... as may be deemed appropriate on merits, and in accordance with law. The Official Liquidator has also filed his reply together with the report of chartered accountant. There seems to be no legal impediment in according approval to the said scheme of amalgamation which already stands approved by the High Court of Madras. The scheme is for the benefit of the petitioner and its shareholders and credit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eunder. A fee of Rs. 10,000 shall be payable to Shri B.G. Nema, the learned standing counsel, appearing for Central Government, Department of Company Affairs. The scheme, Annexure IV, shall form part of this order. A formal order shall be drawn up by the Registry in accordance with law and rules.
6. This petition, thus, stands disposed of as aforesaid. X X X X Extracts X X X X X X X X Extracts X X X X
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