Second motion amalgamation petition moved forward with notice, publication, and compliance requirements before hearing.

A second motion petition seeking sanction of a scheme of amalgamation was entertained, and the tribunal directed the matter to proceed for hearing subject to compliance with the Companies Act, 2013 and applicable rules. It required publication of notice in specified newspapers, service on statutory authorities and objectors, filing of an affidavit of compliance, and submission of objections, if any, before the hearing. The order also recorded the need to comply with the notice, objection, and auditor's certificate requirements under the compromise and amalgamation framework.

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Issues: Direction for consideration of the second motion petition seeking sanction of a scheme of amalgamation and compliance with procedural requirements under the Companies Act, 2013 and the relevant rules.

Analysis: The petition was entertained as a second motion for approval of the proposed scheme. The order fixed the hearing date, required publication of notice in specified newspapers, directed service of notices on statutory authorities and objectors, required filing of an affidavit of compliance, and called for objections, if any, before the hearing. It also recorded the need to comply with the applicable provisions governing notices, objections, and auditor's certificate under the compromise and amalgamation framework.

Conclusion: The petition was directed to proceed for hearing with the prescribed notices, publications, and compliance steps.

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