Scheme of amalgamation directions: NCLT ordered notice, publication, service, affidavit filing, and statutory compliance for hearing.

At the second motion stage of a scheme of amalgamation and composite arrangement, the NCLT directed the petition to proceed under Sections 230 to 232 of the Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016. It fixed the hearing date, ordered publication of notice in specified newspapers, required service of notices on the prescribed authorities and objectors, and directed filing of an affidavit of service before the hearing. The Tribunal also required compliance with the applicable provisos to Sections 230 and 232, including filing of the auditor's certificate where necessary. The application for directions was allowed.

---

---

Issues: Whether directions should be issued for hearing, publication of notice, service of notices on authorities and objectors, filing of affidavit of service, and compliance with the statutory requirements in a petition for sanction of a scheme under the Companies Act, 2013.

Analysis: The petition was considered at the second motion stage for a scheme of amalgamation and composite scheme of arrangement. The Tribunal proceeded under Sections 230 to 232 of the Companies Act, 2013 read with Rule 16 of the Companies (Compromise, Arrangements and Amalgamation) Rules, 2016. It fixed the hearing date, directed advertisement in specified newspapers, required service of notice on the prescribed authorities and objectors, and directed filing of an affidavit of service before the hearing. The Tribunal also required compliance with the applicable provisos to Sections 230 and 232 by filing the auditor's certificate where necessary.

Conclusion: The application for directions was allowed and the petition was listed for hearing with the specified publication, service, and compliance directions.

---