TMI Blog2013 (1) TMI 31X X X X Extracts X X X X X X X X Extracts X X X X ..... ternately, individual notices should also be sent by ordinary post minimum 21 days in advance. If Quorum is not present in the meeting, then the meeting would be adjourned for 30 minutes and thereafter, the persons present in the meeting would be treated as proper Quorum. Voting by proxy is permitted proxy forms submitted not later than 48 hours before the said meeting. The Chairperson and the Alternate Chairperson shall file their reports within fifteen days of the conclusion of the said meeting. No meeting of Secured Creditors of the Applicant Company is required to be convened as they do not have any - consent letters placed on record by the Applicant Company, representing 79% in value and 64% in number of the Unsecured Creditors o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... . Respective petitions have been made by each of the Transferor Companies to the Hon‟ble High Court of Judicature at Bombay. The Board of Directors of all the Transferor Companies and the Transferee Company have passed resolutions approving the proposed Scheme and the said resolutions have been attached along with the present application. 3. Details with regard to the date of incorporation of the Transferor Companies and the Transferee Company and their authorized, issued, subscribed and paid up capital have been given in the present application. 4. Copies of the Memorandum and Articles of Association of the Transferor Companies and the Transferee Company have also been enclosed with the present application. The latest audited Ann ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ance to the Chairperson and the Alternate Chairperson and shall be paid fees of Rs.10,000/- each for this purpose. 9. Notices for the meeting of the Equity Shareholders of the Appli a cant Company shall be published in the Delhi editions of The Statesman (English, Delhi edition) and Jan Satta (Hindi, Delhi edition). The said notices shall be published a minimum 21 days in advance before the scheduled date of the meeting. 10. Alternately, individual notices for the proposed meeting of the Equity Shareholders of the Applicant Company would be sent by ordinary post minimum 21 days in advance before the scheduled date of the meeting. The Chairperson shall ensure that the dispatch is made under his/her supervision or his authorized represent ..... X X X X Extracts X X X X X X X X Extracts X X X X
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