2015 (7) TMI 57

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....tions 391 to 394 of the Companies Act, 1956 by the applicant companies seeking directions of this court to dispense with the requirement of convening the meetings of their equity shareholders, secured and unsecured creditors to consider and approve, with or without modification, the proposed Scheme of Amalgamation of M/s. Arcadia Management Services Private Limited (hereinafter referred to as the ....

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....the equity shareholders of the Transferor Company for every 1 (one) equity share of Rs. 10/- each held in the Transferor Company. It is further mentioned in the Scheme that this share exchange ratio is as per the valuation report provided by an independent valuer, Gopal Rao & Company, Chartered Accountants. 4. It is pertinent to mention here that in the affidavits filed by the transferor and tran....

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....l Rao & Company, Chartered Accountants, the applicants are basing their share exchange ratio in the Scheme of Amalgamation. 5. It is further noticed from the list of shareholders of the transferor and transferee companies that IVM Intersurer B.V. is the holding company of the said companies, which are proposed to be amalgamated. The consents given on behalf of IVM Intersurer B.V. approving the Sc....