TMI Blog2021 (10) TMI 541X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Equity Shareholders Unsecured Creditors of the Applicant No. 1 Applicant No. 2 are dispensed with under section 230(1) read with Section 232(1) of the Act - Directions regarding issuance of various notices also issued. Application disposed off. - CA (CAA) No. 96/KB/2021 - - - Dated:- 13-8-2021 - Rajasekhar V.K., Member (J) And Harish Chander Suri, Member (T) For the Appellan ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... conditions stated in the said Scheme of Amalgamation. 2. It is submitted by Ld. Counsel appearing for the Applicants that the shares of the Applicant Companies are not listed on any of stock exchanges. Further, the Applicant Companies have the following classes of Shareholders, Creditors and Debenture holders:- a. Applicant No. 1: 3 Equity Shareholders, NIL Secured Creditors and 1 Unsecured ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o ₹ 25000/-) of the Applicant No. 2 have already given their consent to the Scheme by way of affidavits which are annexed to the application. 5. Directions are sought accordingly for (a) dispensing with meeting of the classes of shareholders and creditors who have already given their consent to the Scheme to consider the Scheme under section 230(1) read with section 232(1) of the Act. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gh Court at Calcutta, Reserve Bank of India, Kolkata, if applicable and Income Tax Department having jurisdiction over the Applicant(s), clearly indicating the PAN of the Company concerned, by sending the same by hand delivery through special messenger or registered post or by post or by email within two weeks from the date of receiving this order. The notice shall specify that representation, if ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the issuance of notices have been duly complied with. 8. The Applicant(s) to file an affidavit confirming compliance of the abovementioned directions of this Tribunal. 9. The application being Company Application (CAA) No. 96/KB/2021 is disposed of accordingly. 10. Certified copy of the order may be issued, if applied for, upon compliance with all the requisite formalities. - - TaxTM ..... X X X X Extracts X X X X X X X X Extracts X X X X
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