2012 (12) TMI 887

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....is a first motion joint Application under sections 391 & 394; 100 to 104 of the Companies Act, 1956, in connection with the Scheme of Arrangement for (a) Amalgamation of PRJ Infracon Pvt Ltd with Arham Finance & Investment Services Ltd; and (b) Reduction of post merger share capital of the Transferee Company- Arham Finance & Investment Services Ltd. A copy of the proposed Scheme of Arrangement is ....

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....sent Given No. of Secured Creditors Consent Given No. of Un-secured Creditors# Consent Given Transferor Company 22 All Nil N.A. Nil N.A. Transferee Company 9 All Nil N.A. Nil N.A. #including current liabilities 6. A prayer has been made for dispensation of the requirement of convening meetings of Shareholders of the Transferor Company and the Transferee Company. 7. I....