TMI Blog2015 (12) TMI 1719X X X X Extracts X X X X X X X X Extracts X X X X ..... to be undertaken by Transferee Company being the Holding Company under the provisions of Sec. 391(2) of the Companies Act, 1956. Petition admitted. - Company Petition No. 427 And 428 of 2015 In Company Application No. 352 of 2015 - - - Dated:- 9-12-2015 - Honourable Smt. Justice Abhilasha Kumari Mr Navin K Pahwa For Thakkar And Pahwa, Advocates, for the Petitioner. ORAL ORDER 1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny. It is reported that there are no secured creditors of the petitioner Company. 2. The learned counsel further submits that the petitioner Company is the wholly owned subsidiary of eInfochips Limited, the Transferee Company. The Transferee Company filed Company Application No.351/2015, seeking an order that, being the Holding Company, no separate proceedings are required to be undertaken by t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t the cost of the petitioner. 6. The petitioner is directed to publish the notice of the hearing of the petition in the English daily newspaper Indian Express and the Gujarati daily newspaper Sandesh , having circulation in Ahmedabad. Both the Transferor companies are at liberty to publish a common public notice in the local dailies. The publication of notice in the Government Gazette is dis ..... X X X X Extracts X X X X X X X X Extracts X X X X
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