Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2021 (8) TMI 947

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Application disposed off. - C. A. (CAA) No. 72/KB/2021 - - - Dated:- 11-8-2021 - Rajasekhar V.K., Member (J) And Harish Chander Suri, Member (T) For the Appellant : Patita Paban Bishwal, Advocate ORDER Harish Chander Suri, Member (T) 1. The Court convened by video conferencing today. 2. The instant application has been filed in the first stage of the proceedings under S .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ompany No. 8 or Petitioner ) with RUDRA REAL ESTATE PRIVATE LIMITED, being the Transferee Company whereby and whereunder the Transferor Companies are proposed to be amalgamated with the Transferee Company from the Appointed Date, viz. 1st day of April, 2020 in the manner and on the terms and conditions stated in the said Scheme of Amalgamation ( Scheme ). 3. It is submitted by Ld. Counsel a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ings and considering the submissions made on behalf of the Applicant, we allow the instant application and make the following orders:- (a) Meetings dispensed: Meetings of the Equity Shareholders, and Unsecured Creditor of the Applicant Company No. 8/Transferor Company No. 8 are dispensed with under Section 230(1) [read with Section 232(1)] of the Act. 7. Notice under Section 230(5) of the .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... If no such representation is received by the Tribunal within such period, it shall be presumed that such authorities have no representation to make on the said Scheme of Amalgamation. Such notice shall be sent pursuant to Section 230(5) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Compromises, Arrangements and Amalgamations) Rules 2016 in Form No. CAA3 of the said Rules with n .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates