TMI Blog2016 (2) TMI 93X X X X Extracts X X X X X X X X Extracts X X X X ..... MPANY APPLICATION NO. 362 of 2015 - - - Dated:- 13-1-2016 - SMT. JUSTICE ABHILASHA KUMARI, J. FOR THE PETITONER : MR NAVIN PAHWA FOR THAKKAR AND PAHWA, ADVOCATES, ADVOCATE FOR THE RESPONDENT : MR KSHITIJ AMIN FOR MR DEVANG VYAS, ADVOCATE COMMON ORAL ORDER 1. The present petitions are filed under the provisions of Sections 391 to 394 of the Companies Act, 1956, seeking the sanction of this Court for the Scheme of Amalgamation of Alok Buildcon Private Limited with Anant Projects Private Limited. 2. Anant Projects Private Limited, the Transferee Company, filed Company Application No.361 of 2015, seeking dispensation of the meeting of the Equity Shareholders. The petitioner submitted that this being the Transferee Compa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ati daily newspaper 'Sandesh' and the English daily newspaper 'Indian Express', having circulation in Ahmedabad, on 15.12.2015. The Authorised Officers of both the petitioner Companies have filed affidavits dated 06.01.2016, respectively, in support of the publication of the advertisements. 7. In response to the notice issued, the Regional Director has filed a common affidavit dated 01.01.2016, making only one observation. The observation made by the Regional Director is with regard to the comments from the Income Tax Department. The affidavit records that the office of the Regional Director has not received any adverse comments from the Income Tax Department. It is however stated in the affidavit that the petitioner Comp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... books of accounts, papers and records and not to dispose of the records without the prior permission of the Central Government under Section 396A of the Companies Act, 1956. 10. Having heard Mr.Navin K. Pahwa, learned advocate for Thakkar and Pahwa, Advocates, on behalf of the petitioner Companies, Mr.Kshitij Amin, learned Central Government Standing Counsel on behalf of Mr.Devang Vyas, learned Assistant Solicitor General of India for the Regional Director and upon perusal of the reports of the Official Liquidator and the Regional Director, the reply filed on behalf of the petitioner Transferee Company and having considered the Scheme of Amalgamation together with the relevant documents on record, this Court finds it appropriate to gran ..... X X X X Extracts X X X X X X X X Extracts X X X X
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