2013 (10) TMI 1099

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....KAUR, J. 1 This second motion joint petition has been filed under Sections 391 to 394 of the Companies Act, 1956 (hereinafter referred to as 'Act') by the petitioner companies seeking sanction of the scheme of arrangement (hereinafter referred to as 'scheme'). 2. The petitioner companies had earlier filed C.A. (M) No. 65/2012 seeking directions of this Court for dispensation of the meetings.....

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....ator and also regarding publication of citations in the aforesaid newspapers on 31.07.2012, copies of the newspapers cutting, in original, containing the publications have been filed with the affidavit of service. 4 Pursuant to the notices issues, the Official Liquidator sought information from the petitioner companies. Based on the information received, the Official Liquidator has filed his re....

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.... sanctioning of the scheme of arrangement by this Court. In the affidavit it has been further stated that the Central Government has no objection to the proposed scheme. 6 No objection has been received to the scheme of arrangement from any other party, Mr. Anil Aggarwal, Director of the transfer or and transferee companies and partner of transferor No. 2 has filed an affidavit dated 04.08.2012....

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....eby granted to the scheme of arrangement under sections 391 to 394 of the Companies Act, 1956. The petitioner companies will comply with the statutory requirements in accordance with law. Certified copy of the order be filed with the Registrar of Companies within 30 days from receipt of the same. In terms of the provisions of Sections 391 to 394 of the Companies Act, 1956 and in terms of the schem....