2016 (2) TMI 1127

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..... Company under Sections 391 to 394 of the Companies Act, 1956, in a proposed Scheme of Arrangement, in the nature of amalgamation of Artistique Ceramics Private Limited, the applicant Transferor Company with Asian Granito India Limited, the Transferee Company; as proposed between the applicant Company and its Shareholders and Creditors. 2. Heard Mrs.Swati Soparkar, learned advocate for the applic .....

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..... acts and circumstances and the submissions advanced, the same is hereby granted. 4. In view of the above, the following order is passed: (i) That separate meetings of the Secured Creditors and Unsecured Creditors of the applicant Company shall be convened and held at AMA Hall, AMA Complex, ATIRA, Dr. Vikram Sarabhai Marg, Ahmedabad380 015 in the State of Gujarat on Monday, the 21st day of March .....

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..... t, addressed to each of the Secured Creditors and Unsecured Creditors of the applicant Company, at their last known addresses. The lists of Secured Creditors and Unsecured Creditors with their names and addresses shall be placed on record by the applicant Company. A certificate shall be obtained from the Postal Department confirming the total number of dispatches so made. (iii) That at least 21 .....

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..... ai N. Patel, the Director of the applicant Company, shall be the Chairman of the aforesaid meetings to be held on 21st March 2016 and in respect of any adjournment or adjournments thereof. (v) That the Chairman appointed for the aforesaid meetings shall issue advertisements and send out notices of the meetings referred to above. It is further directed, that the Chairman of the meetings shall hav .....

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..... d with the applicant Company at its registered Office at Radhu, not later than 48 hours before the said meeting. (viii) That the value of the vote of each creditor of the Company shall be as per the entries in the books of accounts of the applicant Company and where the entries in the records are disputed, the Chairman of the meetings shall determine the value or number for the purpose of the me .....

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