TMI Blog2015 (12) TMI 1701X X X X Extracts X X X X X X X X Extracts X X X X ..... holders and 28 unsecured creditors. Both the equity shareholders and 16 out of 28 unsecured creditors, being 57.14% in number and 80% in value, have given their consents/no objections in writing to the proposed Scheme of Arrangement. There consents/no objections have been placed on record. They have been examined and found in order. In view thereof, the requirement of convening the meetings of the equity shareholders and unsecured creditors of the applicant/transferor company, to consider and, if thought fit, approve, with or without modification, the proposed Scheme of Arrangement is dispensed with. There is no secured creditor of the applicant/transferor company, as on 31st August, 2015. - COMPANY APPLICATION (MAIN) NO. 187/2015 - - - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ivate Limited. The company changed its name to Chemtura Chemicals India Private Limited and obtained the fresh certificate of incorporation on 31st March, 2006. Thereafter, the company shifted its registered office from the State of Maharashtra to Delhi and obtained a certificate in this regard from the Registrar of Companies, NCT of Delhi Haryana at New Delhi on 18th November, 2011. 4. The authorized share capital of the applicant/transferor company is ₹ 1,00,00,00,000/- divided into 1,00,00,000 equity shares of ₹ 100/- each. The issued, subscribed and paid-up share capital of the company is ₹ 97,85,36,700/- divided into 97,85,367 equity shares of ₹ 100/- each. 5. Copies of the Memorandum and Articles of Ass ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pplicant/transferor company. 9. The Board of Directors of the applicant/transferor company and the transferee company in their separate meetings held on 27th August, 2015 and 26th August, 2015 respectively have unanimously approved the proposed Scheme of Arrangement. Copies of the Resolutions passed at the meetings of the Board of Directors of applicant/transferor company and the transferee company have been placed on record. 10. The applicant/transferor company has 02 equity shareholders and 28 unsecured creditors. Both the equity shareholders and 16 out of 28 unsecured creditors, being 57.14% in number and 80% in value, have given their consents/no objections in writing to the proposed Scheme of Arrangement. There consents/no object ..... X X X X Extracts X X X X X X X X Extracts X X X X
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