2015 (4) TMI 986

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....creditors to consider and approve, with or without modification, the proposed Scheme of Amalgamation of FIL India Business Services Private Limited (hereinafter referred to as the transferor company) with FIL Research (India) Private Limited (hereinafter referred to as the transferee company). 2. The registered offices of the transferor and transferee companies are situated at New Delhi, within the jurisdiction of this Court.  3. The transferor company was incorporated under the Companies Act, 1956 on 27th March, 2009 with the Registrar of Companies, NCT of Delhi & Haryana at New Delhi.  4. The transferee company was originally incorporated under the Companies Act, 1956 on 7th November, 2007 with the Registrar of Companie....

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....been filed. 8. A copy of the Scheme of Amalgamation has been placed on record and the salient features of the Scheme have been incorporated and detailed in the application and the accompanying affidavit. It is claimed that the amalgamation will result in reduction of overheads, administrative and other expenditure and bring about operational rationalization, organizational efficiency and optimal utilization of various resources. It is further claimed that proposed amalgamation will provide an opportunity to leverage combined assets and capital better, build a stronger sustainable business, improve the potential for further growth and expansion of the businesses of the two companies.  9. So far as the share exchange ratio is conce....