TMI Blog2021 (11) TMI 758X X X X Extracts X X X X X X X X Extracts X X X X ..... ensation with various meetings issued - directions for issuance of notices also given. The scheme is approved - application allowed. - Company Petition CAA-93/(ND)/2021 and Company Application No. C.A. (CAA)/128(ND) 2020 - - - Dated:- 28-10-2021 - P.S.N. Prasad, Member (J) And Hemant Kumar Sarangi, Member (T) For the Appellant : Neeraj Kumar, Shashank Agarwal and Satendra K. Rai O ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the transferee company also to convene meeting of its two shareholders. Vide same order it was observed that since there are no Secured Creditors, the question of convening their meeting does not arise. It was further observed that the transferee company has 110 Unsecured Creditors, out of which 12 Unsecured Creditors constituting 29.23% of the total value have given their consent affidavits in fa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rd (English, Delhi edition) and Jansatta in Vernacular (Hindi, Delhi edition) not less than 10 days before the next date fixed for hearing. (iii) In addition to the public notice, the Petitioner Company shall serve the notice of the Petition by all modes (Email, Speed Post etc.) on the following Authorities, namely, Central Government through Regional Director (Northern Region), Min ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ction 5 of Section 230 of the Companies Act, 2013. (iv) Further, notices shall also be served to the 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 representation along with a copy of the Petition and the Annexures filed therewith at least 15 days before ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... pany shall comply with proviso to sub-section (3) of Section 232 or proviso to sub-section (7) of Section 230, of the Companies Act, 2013, as may be applicable under the circumstances, on or before the date fixed for hearing by filing the required certificate of Company's auditor. (viii) The next date of hearing of petition shall be 01.12.2021 for the consideration of the approval of Sche ..... X X X X Extracts X X X X X X X X Extracts X X X X
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