Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2009 (9) TMI 577

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... t.The present Scheme of Amalgamation at Annexure-C is sanctioned in accordance with the provisions of the Companies Act and the minutes of the meetings as mentioned in para 15 of Company Petition No. 74 of 2009 are approved, by granting permission to put today’s date. The petitions are allowed accordingly. - COMPANY PETITION NOS. 69, 70 AND 74 OF 2009 IN COMPANY APPLICATION NOS. 93, 94 AND 98 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... after referred to as Transferee-Company ). 2. The Scheme of Amalgamation is produced at Annexure "C" of the petition. 3. In case of all the transferor-companies, vide order dated 23-3-2009 passed by this Court in Company Application No. 93 of 2009 to Company Application No. 97 of 2009, as the consent letters were produced, the meetings of equity shareholders and all unsecured creditors .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ons came to be admitted on 6-4-2009 and the publications were ordered in English daily, Indian Express (Ahmedabad Edition) and Sandesh, Gujarati daily (Ahmedabad Edition). Common publication was permitted in respect of all the transferor-companies, whereas for transferee-company, separate publication was ordered. Publication in the Government Gazette was dispensed with. 6. Notice was also .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ate has not received any objection from any person in response to the publication. 8. The Official Liquidator has filed reports in the petitions of all the transferor-companies together with the report of Chartered Accountant, Dharmendra Shah Company. As stated by the Official Liquidator in the reports, on the basis of the information and according to the explanations given, the affairs of t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... f Company Petition No. 74 of 2009 are approved, by granting permission to put today s date. 12. The petitions are allowed accordingly. 13. The cost of the Central Government is quantified at Rs. 2,500 in each petition and the cost of the Official Liquidator is quantified at Rs. 1,500 in each petition of the transferor-companies. 14. It will be open to the concerned petitioner-company t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates