TMI Blog2016 (7) TMI 216X X X X Extracts X X X X X X X X Extracts X X X X ..... e statutory liability, if any. - COMPANY PETITION NO. 115 of 2016 In COMPANY APPLICATION NO. 116 of 2016 With COMPANY PETITION NO. 120 of 2016 In COMPANY APPLICATION NO. 117 of 2016 - - - Dated:- 1-7-2016 - MR. R.M.CHHAYA, J. FOR THE PETITIONER : MR NAVIN K PAHWA, ADVOCATE for THAKKAR AND PAHWA ADVOCATES FOR THE RESPONDENT : MR KSHITIJ AMIN, CENTRAL GOVERNMENT STANDING COUNSEL for MR DEVANG VYAS, ASSISTANT SOLICITOR GENERAL OF INDIA 1. The present petitions are filed under the provisions of Sections 391 to 394 of the Companies Act, 1956 seeking sanction of the Scheme of Amalgamation of SNK Etax Solutions Limited and SNK And Taj Solutions Private Limited with SNK Solutions Private Limited. It is reported that as the register ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ected publication of notice of petition in English Daily Indian Express and vernacular daily Sandesh , having circulation in Surat. 6. Pursuant to the order dated 18.4.2016, the petitioners have published the notice of petition in Gujarati Daily Sandesh and English Daily lndian Express , both having circulation in Surat on 25.4.2016. The Authorised Signatory of both the petitioner companies have filed the affidavit in support of publication of advertisements dated 30.4.2016. 7. In response to the notice issued, the Regional Director has filed a common affidavit dated 24.6.2016 making only one observation, which is with regard to the comments from the Income Tax Department. According to the Regional Director, the petitioner Compa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... shitij 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 reports of the Official Liquidator and the Regional Director, the reply affidavit tiled on behalf of the petitioner Transferor Companies and having considered the Scheme of Amalgamation together with relevant documents on record, the Court finds it appropriate to grant sanction to the present Scheme of Amalgamation. 11. In view of the above, the Scheme of Amalgamation is sanctioned. The sanction of the scheme is subject to the sanction of the Scheme by the Hon ble High Court of Judicature at Bombay in the petition tiled by the Transferee Company. It is further directe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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