9911796707
TMI Blog2016 (3) TMI 1250X X X X Extracts X X X X X X X X Extracts X X X X ..... ICE RAJIV SHAKDHER For Applicant: Mr Praveen K. Mittal, Adv. ORDER 1. This is a first motion (joint) application filed by Pinnacle Textiles Private Limited (applicant no.1/transferor company no.1) and Maya Clothing Private Limited (applicant no.2/ transferor company no.2) and Saga Textiles Private Limited (applicant no.3/ transferor company no.3) and Zenith Clothing Company Privat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rt of the Judge's Summons. 3.1 Copies of Memorandum and Articles of Association as well as the latest audited annual accounts as on 31.03.2015 of the applicants have been filed. 4. The scheme has been approved by the Board of Directors (BOD) of the applicants. Copies of the BOD resolution of even date i.e. 11.01.2016 have been filed. 5. The applicants aver that there that there are no proceedin ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ders of the applicants are concerned, the requirement to convene their meetings, as prayed, is dispensed with. 8. In so far as the unsecured creditors of the transferor companies are concerned, consent of all the creditors (i.e. unsecured) have been obtained qua the scheme. 8.1 Accordingly, the prayer made for dispensing with the requirement of convening meetings of the unsecured creditors of th ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
