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TMI Blog2013 (4) TMI 1009X X X X Extracts X X X X X X X X Extracts X X X X ..... ng and conducting the said meeting and as to notices and advertisements to be issued. 3. And that a Chairman may be appointed of the said meeting who shall report the results. This Company Application coming on this day before this Court for hearing in the presence of Mr. V. RamaKrishnan Advocate for the applicant herein, and upon reading the Judge's Summons and the Affidavit of Rohinto kurus babaycon and the written submission filed by the applicant filed herein, and the court made the following order:- The Kil Kotagiri Tea and Coffee Estates Company Limited, transferor company has moved this application for direction to convene meeting of equity shareholders of the company for the purpose of considering and if thought fit approvi ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gamation proposed to me made between M/s.Kil Kotagiri Tea and Coffee Estates Company Limited and M/s. Thirumbadi Rubber Company Limited; (ii) At least 21 clear days before the day appointed for the meeting, an advertisement convening the same and stating that copies of the said scheme of arrangement required to be furnished pursuant to Section 393 and forms of proxy can be obtained free of charge at the registered office of the company or at the office of its advocate, be inserted once in the official gazette and once in each of English Daily "Business Standard" and Tamil Daily "Daily Thanthi"; (iii) In addition, at least 21 clear days before the meeting to be held as aforesaid, a notice convening the said meeting at ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , the Chairman shall determine the value for the purpose of the meeting; (x) The Chairman do report to this Court the result of the said meeting within ten days of the conclusion of the meeting and the said report shall be verified by his affidavit; 5. The learned counsel for the applicant contended that the conditions laid down by the Securities and Exchange Board of India vide circular CIR/CFD/DIL/5/2013 dated 04.02.2013 are not applicable to the case of the applicant, as the applicant is not seeking exemption under Rule 19(7) of the Securities Contracts (Regulation) Rules, 1957, as the transferor company listed its shares in the recognised Stock Exchange after complying with the conditions laid down under the Securities Contracts (Reg ..... X X X X Extracts X X X X X X X X Extracts X X X X
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