TMI Blog2020 (1) TMI 1499X X X X Extracts X X X X X X X X Extracts X X X X ..... notices to be issued to the authorities concerned including regulators, if any - Sections 230-232 of the Companies Act, 2013 read with Rule 15(1) of the Companies (Compromise, Arrangements, Amalgamation) Rules, 2016 - HELD THAT:- The date of hearing of the Petition filed by the Applicants for the approval of the Scheme is fixed on 27/03/2020. Directions regarding issuance of various notices is ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... on has been filed on 26.12.2019 under the provisions of Sections 230-232 of the Companies Act, 2013 read with Rule 15(1) of the Companies (Compromise, Arrangements, Amalgamation) Rules, 2016 for the Scheme of Arrangement (for brevity Scheme) praying for fixing a date of hearing of the main Company Petition for approving the scheme of arrangement by way of amalgamation as well as for issuance of di ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r on 19.12.2019 the present application is filed on 26.12.2019 within the limitation period. 3. Taking into consideration the above facts and record, it is hereby ordered as follows: (i) The date of hearing of the Petition filed by the Applicants for the approval of the Scheme is fixed on 27/03/2020. (ii) Notice of the hearing shall be advertised in the newspapers namely, Business Standa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s who may govern the working of the respective companies involved in the Scheme at least 30 days before the date fixed for hearing of the above Petition. (iv) Further, notices shall also be served to Objector(s) or to their representative, if any, as contemplated under Sub-Section (4) of Section 230 of the Act who may have made representation and who have desired to be heard in their representa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Companies Act, 2013 and relevant rules framed there under. (vii) Each Applicant Company shall individually comply with proviso to sub section (3) of Section 232 or proviso to sub section (7) of Section 230, of the Act, 2013, as may be applicable under the circumstances on or before the date fixed for hearing by filing the certificate of statutory auditors of the applicant companies. (viii) T ..... X X X X Extracts X X X X X X X X Extracts X X X X
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