TMI Blog2016 (3) TMI 603X X X X Extracts X X X X X X X X Extracts X X X X ..... nt Solicitor General of India for the Regional Director and upon perusal of the report of the Official Liquidator and the Regional Director and having considered the Scheme of Amalgamation together with relevant documents on record, this Court finds it appropriate to grant sanction to the present Scheme of Amalgamation. - COMPANY PETITION NO. 31 of 2016, COMPANY APPLICATION NO. 2 of 2016 - - - Dated:- 15-2-2016 - SMT. ABHILASHA KUMARI, J. FOR THE PETITONER : MR. NAVIN K PAHWA, ADVOCATE FOR THAKKAR AND PAHWA ADVOCATES, ADVOCATE FOR THE RESPONDENT : MR. KSHITIJ AMIN, CENTRAL GOVERNMENT STANDING COUNSEL FOR MR DEVANG VYAS, ADVOCATE ORAL ORDER 1 The present petition is filed under the provisions of Sections 391 to 394 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... notice of the petition in the local daily newspapers, in both the English and Vernacular editions. 5 It is stated that pursuant to the order dated 28.1.2016, the petitioner has published the notice of the petition in the Gujarati daily newspaper LoksattaJansatta and English daily newspaper Indian Express , both having circulation in Vadodara, on 10.2.2016. The Authorized Signatory of the petitioner company has filed an affidavit dated 15.2.2016, in support of the publication of the advertisements. 6 In response to the notice, the Regional Director has filed an affidavit dated 10.3.2016, making only one observation. The observation made by the Regional Director is with regard to the comments from the Income Tax Department. The repo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ested this Court to direct the petitioner to preserve its 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. 9 Having heard Mr. Navin K Pahwa, learned Counsel for the petitioner company, Mr. Kshitij Amin, learned Central Government Standing Counsel for Mr. Devang Vyas, learned Assistant Solicitor General of India for the Regional Director and upon perusal of the report of the Official Liquidator and the Regional Director and having considered the Scheme of Amalgamation together with relevant documents on record, this Court finds it appropriate to grant sanction to the present Scheme of Amalgamation. 10 In view of t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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