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TMI Blog2021 (8) TMI 748X X X X Extracts X X X X X X X X Extracts X X X X ..... , N. Gurumurthy, FCA and Madan Kumar Maroti, FCA ORDER Harish Chander Suri, Member (T) 1. The instant application has been filed in the first stage of the proceedings under Section 230(1) read with Section 232(1) of the Companies Act, 2013 ("Act") for orders and directions with regard to meetings of shareholders and creditors in connection with the Scheme of Amalgamation for amalgamation of VID ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 as on 15th February, 2021 b. APPLICANT NO 2 Number of EQUITY SHAREHOLDERS : 3 as on 02nd March, 2021 Number of PREFERENCE SHAREHOLDERS : NIL Number of SECURED CREDITORS : NIL as on 02nd March, 2021 Number of UNSECURED CREDITORS : 2 as on 02nd March, 2021 3. It is further submitted that all Equity Shareholders of the Applicant Companies have already given their consent to the Scheme by ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... w the instant application and make the following orders:- a. Meetings dispensed: Meeting of Equity Shareholders of the Applicant Companies and Unsecured Creditors of Applicant Companies for considering the Scheme are dispensed with in view of all shareholders of Applicant Companies and over 90% in value of Unsecured creditors of Applicant Companies having respectively given their consent to th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ail within two weeks from the date of receiving this order. The notice shall specify that representation, if any, should be filed before this Tribunal within 30 days from the date of receipt of the notice with a copy of such representation being simultaneously sent to the Authorised Representative of the said Applicant(s). If no such representation is received by the Tribunal within such period, i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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