2012 (10) TMI 628

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ransferee Company) in respect of a Scheme of Amalgamation (Scheme for short) between the said Transferor Companies and the Transferee Company. 2. Registered office of the Applicant Companies is situated in Delhi within the jurisdiction of this Court. Board of Directors of Applicant Companies have passed resolutions approving the proposed scheme and the said resolutions have been attached along with the present application. 3. Details with regard to the date of incorporation of the Applicant Companies and their authorized, issued, subscribed and paid up capital have been given in the present application. 4. Copies of the Memorandum and Articles of Association of the Applicant Companies have also been enclosed with the Application. T....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....placed on record by the Applicant Transferor Company 1, the meeting of the Secured Creditors of the Applicant Transferor Company 1 is dispensed with. 10. The Applicant Transferor Company 2 has Nil Secured Creditors. Copy of the Certificate issued by the Chartered Accountant showing that the Applicant Transferor Company 2 does not have any Secured Creditors has been placed on record. In these circumstances, no meeting of the Secured Creditors of the Applicant Transferor Company 2 is required to be convened. 11. The Applicant Transferee Company has 2 (two) Secured Creditors and as on date, the said 2 (two) Secured Creditors have been paid off. A prayer has been made for dispensation of the requirement of convening meeting of the Secured....