2016 (4) TMI 1442

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..... Kaizen Finstock Private Limited with Kunvarji Fincorp Private Limited is proposed under Sections391 to 394 of the Companies Act, 1956. 2. In this regard, the present application is filed by Kunvarji Fincorp Private Limited, the Applicant Transferee company. In the Judges' Summons taken out, dated 27th April 2016, it has prayed for dispensation of the meetings of the Equity Shareholders and Credit .....

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..... ree Company shall not be prejudicially affected as a result of the Scheme. A certificate of the Chartered Accountant confirms the Net Worth of the Transferee Company to be substantially positive viz. Rs.2.59 Crores in the PreScheme and Rs.13.71 Crores in the PostScheme scenario. The said certificate is also placed on record as Exhibit'F'. In view of the same, dispensation is sought from convening .....

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