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2015 (3) TMI 727

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..... amation approved. - CO. PET. 160/2014 - - - Dated:- 4-9-2014 - Sanjeev Sachdeva,JJ. For the Petitioners : Mr. Rajeev K. Goel, Advocate For the Official Liquidator : Mr. Atma Sah, Assistant Registrar of Companies for the Regional Director. Mr. Rajiv Behl, Advocate. ORDER Sanjeev Sachdeva, J (Oral) 1. This second motion joint petition has been filed under Sections 391 to 394 of the Companies Act, 1956 ( Act ) seeking sanction of the Scheme of Amalgamation ( Scheme ) of Sapna Infracoloniser Pvt Ltd (Transferor Company ) with Dee Pearls (India) Pvt Ltd (Transferee Company ) (hereinafter all Companies collectively referred to as Petitioner Companies). A copy of the Scheme has been enclosed with the Petition. 2. Th .....

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..... Corporate Affairs, Noida and the Official Liquidator attached with this Court. Citations were also directed to be published in Business Standard‟ (English, Delhi Edition) and Dainik Bhaskar‟ (Hindi, Delhi Edition). Affidavit of Service and Publication has been filed by the Petitioners showing compliance regarding service of the Petition on the Regional Director, Northern Region and the Official Liquidator and also regarding publication of citations in the aforesaid newspapers. Copies of the newspaper cuttings containing the publications have also been filed along with the Affidavit of Service. 9. In response to the notice issued, the Official Liquidator sought information from the Petitioner Companies. Based on the informat .....

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..... n/documents have already been submitted by hand on 2nd June, 2014. A copy of covering letter duly acknowledged by the Income Tax Department has been enclosed by the Transferee Company along with the aforesaid reply affidavit. The Petitioners have submitted that after the submission of the desired information/documents on 02nd June 2014, no further intimation, information or objection has been received. 13. Further, the learned Regional Director submits that despite notice, no comments/ reply has been received from the Income Tax Authorities with regard to the Scheme. 14. In view of the aforesaid clarification given by the Petitioner, the concern of the Regional Director has been duly addressed 15. No objection has been received to .....

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