2009 (4) TMI 450

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....icial Liquidator. ORDER 1. In both these petitions filed under sections 391 to 394 of the Companies Act, 1956, the petitioner-Companies namely, FEI Software (India) Private Limited (transferor Company) and Magma Design Automation India Private Limited (transferee Company) have sought for sanction of the Scheme of Amalgamation, which is at Annexure-A so as to be binding on them, their shareho....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... licensing or otherwise dealing in or handling of software products etc. The registered office of the transferor Company is situate at Prestige Tech Park, Jupiter (2A) Block, 6th Floor, Sarjapur-Marathahalli Ring Road, Varthur Hobli, Bangalore-560 087. 4. The Board of Directors of the transferor and the transferee Companies have approved and adopted the Scheme of Amalgamation at their respectiv....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....s and directed notice to the Official Liquidator in Company Petition No. 102/2008. The petitioner-Companies were also directed to take out notice of the petitions in the newspapers- "The Hindu" - an English daily and "Udayavani" - a Kannada daily on or before 5-11-2008 notifying the date of hearing as 26-11-2008. The notice of the petitions were published in the said newspapers on 27-10-2008 as di....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....me of Amalgamation. Pursuant to the newspaper publication of the notice of the petitions referred to above, nobody has appeared before this Court to oppose the Scheme of Amalgamation. 9. Learned counsel appearing for the Official Liquidator and the Registrar of Companies submit that they have no objection for grant of the Scheme of Amalgamation at Annexure-A. As the proposed Scheme of Amalgamat....