TMI Blog2008 (11) TMI 720X X X X Extracts X X X X X X X X Extracts X X X X ..... Direction and upon hearing Mr. Virag Tulzapulkar, Learned Counsel for the Applicant and upon reading the Affidavit dated November 6, 2008 of Mr. M. Balasubramanian, Authorised Representative of the Applicant Company and the Exhibits therein referred to (Exhibit E being the copy the proposed scheme of amalgamation), IT IS ORDERED : 1. That the meeting of Equity Shareholders of the Applicant C ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eme of Amalgamation of Sequent Scientific Limited, the Applicant / Transferor Company with P.I. Drugs Pharmaceuticals Limited, Transferee Company. 3. That the meeting of the Unsecured Creditors of the Applicant Company shall be convened and held at Hotel Tunga Regency, Navi Mumbai, on Saturday the 3rd day of January 2009 at 4.30 p.m., or soon after the conclusion of the aforesaid meeting of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... guage and Maharashtra Times in Marathi language, both having circulation in Mumbai, State of Maharashtra. Publication in the Maharashtra Government Gazette is accordingly dispensed with. 5. That, in addition, at least twenty one clear days before the meeting s to be held as aforesaid, a notice convening the said meeting s on the day, date, time and place as aforesaid, together with the copy ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nvening meeting s as per Form No. 38 (Rule 74) and (d) issue statement containing all the particulars as per section 393 of the Companies Act, 1956. The said undertaking is accepted. 7. That Mr. Ravi Shankar, Director of the Applicant Company, and failing him, Mr. M. Balasubramanian, Authorised Representative of the Applicant Company, shall be the Chairman of all the meetings to be held ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , at its aforesaid office not later than 48 hours before the meeting, as provided under Rule 70 of the Company Court Rules, 1959. 12. That the value of each class of creditors shall be in accordance with the books of the Company as on September 30, 2008 and where the entries in the books are disputed, the Chairman shall determine the value for the purpose of the meeting. 13. And it is furthe ..... X X X X Extracts X X X X X X X X Extracts X X X X
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