TMI Blog2021 (7) TMI 1262X X X X Extracts X X X X X X X X Extracts X X X X ..... for hearing. - C. P. (CAA) No. 78/KB/2021 and C.A. (CAA) No. 728/KB/2020 - - - Dated:- 16-7-2021 - Rajasekhar V. K. , Member ( J ) And Harish Chander Suri , Member ( T ) For the Appellant : Manisha Saraf , CS ORDER Rajasekhar V. K. , Member ( J ) 1. The Court convened by video conference today. 2. The object of this Petition is to obtain sanction of this Tribunal to a Scheme of Amalgamation under Section 230 - 232 and other applicable provisions of the Companies Act, 2013, whereby and where under the entire undertakings of the Transferor Company namely Aakash Iron Steel Private Limited as a going concern together with all the assets and liabilities relating thereto are proposed to be transferred to and be vested in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e concerned Income Tax Assessing Officer along with the Chief Commissioner of Income Tax with Permanent Account Number (PAN) of the Petitioners and; (v) such other relevant sectoral regulators/authorities, which are likely to be affected by the Scheme of Amalgamation, for approvals, sanctions, or no-objections. Affidavit of Service of Notice has been filed by the Petitioners on 11th day of February, 2021. 6. After such due compliance, the Petitioners have made the instant Petition bearing C.P. (CAA) No. 78/KB/2021 connected with C.A. (CAA) No. 728/KB/2020, before this Tribunal, among other things, seeking final sanction to the proposed Scheme of Amalgamation. Heard the Ld. Authorised Representative for the Petitioners and per ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... a copy of such representation being sent simultaneously to the Petitioners. If no such representations are received by the Tribunal within the said period, it shall be presumed that such authorities have no representation to make on the Scheme of Amalgamation. (v) The Petitioner Companies at least 14(Fourteen) days before the date of hearing of the petition shall file an Affidavit of Service in relation to the paper publication as well as service of notices in the Authorities specified above including the Sectoral Regulators. (vi) The C.P. (CAA) No. 78/KB/2021 connected with C.A. (CAA) No. 728/KB/2020 is fixed for hearing on 13.09.2021. (vii) The Petitioners may also file their rejoinder affidavits dealing with objections/su ..... X X X X Extracts X X X X X X X X Extracts X X X X
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