TaxTMI 
TaxTMI 
2008 (2) TMI 636
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....t 202-206, Tolstoy House, 15 Tolstoy Marg, New Delhi - 110001 and that of Transferor-company No. 3 is at 10/29, West Patel Nagar, New Delhi, 110008, that is, within the jurisdiction of this Court. The Transferor-company No. 2 does not fall within the jurisdiction of this Court. 3. The Board of Directors of the Applicant/Transferee-company has passed a resolution approving the Scheme of Arrangement on 17-1-2008 and the Board of Directors of all the Transferor-companies have passed separate resolutions approving the Scheme of Arrangement for amalgamation of Transferor-companies with the Transferee-company on 15-1-2008, copies of which have been filed on record. 4. All the Transferor-companies and the Transferee-company have filed their respective Memorandums and Articles of Association along with the application. The audited balance sheets of all the Transferor-companies and the Transferee-company as on 31-3-2007 have been filed on record. 5. The Transferee-company and all the Transferor-companies have also filed the scheme of amalgamation and salient features of the amalgamation have been incorporated and detailed in the application. 6. The applicant companies have stated that n....
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....hought fit, approving the scheme. Considering the facts and circumstances, the meeting of the equity shareholders of the Transferee-company, be held on 11-4-2008 at 09.00 am, at Mumtaj Mahal, Hotel Taj Palace Sardar Patel Marg, New Delhi. I appoint N. Waziri, Advocate, Mobile No. 9810097311, as the Chairperson and Mr. Rohit Gandhi, Advocate, Mobile No. 9818610321, as the Alternate Chairperson for the meeting of the equity shareholders of the Transferee-company. The quorum for the said meeting will be 10 equity shareholders in number constituting 25 per cent in value of the total equity share capital. The Chairperson and the Alternate Chairperson shall ensure that the notices convening the meeting of equity shareholders of the applicant-company along with copies of scheme and statement under section 393 of the Companies Act, 1956, shall be sent to the equity shareholders of the Transferee-company by UPC at their registered or last known addresses at least 21 days before the date appointed for meeting, in their presence or in the presence of their authorized representatives. The notice shall also be published in newspapers 'The Statesman' and 'Indian Express' (English edition) and 'N....
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....t in value of the total equity share capital. The Chairperson and the Alternate Chairperson shall ensure that the notices convening the meeting of equity shareholders of the applicant-company along with copies of Scheme and Statement under section 393 of the Companies Act, 1956, shall be sent to the equity shareholders of the Transferor-company No. 1 by UPC at their registered or last known addresses at least 21 days before the date appointed for meeting, in their presence or in the presence of their authorized representatives. The notice shall also be published in newspapers 'The Statesman' and 'Indian Express' (English edition), and the 'Navbharat Times' (Hindi edition) in terms of the Companies (Court) Rules, 1959, at least 21 days before the day appointed for the meeting. 15. The applicant/Transferor-company No. 1 has 254 unsecured creditors in all. The applicant has sought the holding of the meeting of its unsecured creditors for considering, and if thought fit, approving the Scheme. Considering the facts and circumstances, the meeting of the unsecured creditors of the Transferor-company No. 1, be held on 11-4-2008 at 3.00 pm, at Mumtaj Mahal, Hotel Taj Palace, Sardar Patel M....
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....ir authorized representatives. The notice shall also be published in newspapers 'The Statesman' and 'Indian Express' (English edition), and the 'Navbharat Times' (Hindi edition) in terms of the Companies (Court) Rules, 1959, at least 21 days before the day appointed for the meeting. 17. The applicant/Transferor-company No. 3 has 3 unsecured creditors in all. The applicant has sought the holding of the meeting of its unsecured creditors for considering, and if thought fit, approving the Scheme. Considering the facts and circumstances, the meeting of the unsecured creditors of the Transferor-company No. 3, be held on 11-4-2008 at 5.00 pm, at Mumtaj Mahal, Hotel Taj Palace, Sardar Patel Marg, New Delhi. I appoint Mr. Om Parkash, Advocate, Mobile No. 9810794902 as the Chairperson and Ms. Ekta Sarin, Advocate, Mobile No. 9810605803 as the Alternate Chairperson for the meeting of the unsecured creditors of the Transferor-company No. 3. The quorum for the said meeting shall be 2 unsecured creditors in number and constituting 25 per cent of the total unsecured debt in value. The Chairperson and the Alternate Chairperson will ensure that the notices convening the meeting of unsecured credi....
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....secured creditors of the Transferor-company No. 4, be held on 11-4-2008 at 4.00 pm, at Mumtaj Mahal, Hotel Taj Palace, Sardar Patel Marg, New Delhi. I appoint Mr. Jagat Rana, Advocate, Mobile No. 9810124364 as the Chairperson and Mr. Arindam Mukherjee, Advocate, Mobile No. 9899310902 as the Alternate Chairperson for the meeting of the unsecured creditors of the Transferor-company No. 4. The quorum for the said meeting shall be 15 unsecured creditors in number and constituting 25 per cent of the total unsecured debt in value. The Chairperson and the Alternate Chairperson will ensure that the notices convening the meeting of unsecured creditors of the applicant-company along with copies of Scheme and Statement under section 393 of the Companies Act, 1956, shall be sent to the unsecured creditors of the Transferor-company No. 4 by UPC at their registered or last known addresses at least 21 days before the date appointed for meeting, in their presence or in the presence of their authorized representatives. The notice shall also be published in newspapers 'Indian Express' (English edition) and 'Navbharat Times' (Hindi edition) in terms of the Companies (Court) Rules, 1959, at least 21 d....