TMI Blog2021 (10) TMI 770X X X X Extracts X X X X X X X X Extracts X X X X ..... ns, if any, to the Composite Scheme of Amalgamation contemplated between the Applicants - Section 230 to 232 of Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016 - condonation of delay of 72 days in filing the present petition - death of both the Counsels (being brothers) of the Applicant Companies due to Covid-19. HELD THAT:- The de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... us for admission, fixing a date for hearing and final disposal of the Application as well as for a direction for publication to be effected and issuance of notices to the concerned authorities for objections, if any, to the Composite Scheme of Amalgamation (hereinafter, referred to as the SCHEME ) contemplated between the Applicants. 2. As per the averments, the Registered offices of the Appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ith Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016. 5. The Applicant Companies have also filed an application under Rule 11 of the NCLT Rules, 2016 for condonation of delay of 72 days in filing the present petition on the grounds of death of both the Counsels (being brothers) of the Applicant Companies due to Covid-19. 6. We hereby condone the delay and orde ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) Official Liquidator, Delhi (d) The Income Tax Department, and (e) Such other Sectoral Regulatory Authorities, which govern working of the Companies involved in the Scheme; at least 40 days before the date fixed for hearing of this Petition. 8. That the Applicant Company shall, at least 7 days before the date of hearing of the Petition, file an Affidavit of Service in relation to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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