2016 (6) TMI 61

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....ffical Liquidator : Mr.Vibhor Sharma, Advocate, with Mr.Manjit Singh, Dy. RAKESH KUMAR JAIN, J. This petition is filed under Section 391 & 394 of the Companies Act, 1956 [for short 'the Act'], duly supported by an affidavit of the petitioner/5th Transferor Company, seeking sanction of the Amended Scheme of Amalgamation [for short 'the Amended Scheme'] (Annexure P-15). The main objects of ....

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....015, holding of the meetings of Shareholders and Unsecured Creditors of the said petitioner-Company was dispensed with and the First Motion Petition was disposed of accordingly. Notice of the Second Motion of the petition was issued on 1.9.2015 to the Regional Director, Ministry of Corporate Affairs, Noida and Official Liquidator. It was also directed that the notice be also published in the Ne....

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.... It is further submitted by counsel for the petitioner-Company that no investigation proceedings are pending against the Petitioner-Transferor under Sections 235 to 251 of the Act. For the reasones mentioned hereinabove and on the consideration of all the relevant facts and the procedural requirements contemplated under Sections 391 & 394 of the Act and the relevant Rules and on due considerat....

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....ransferee Companies, their respective Shareholders, Creditors and all concerned. Let formal order of sanction of the Amended Scheme be drawn in accordance with law and its certified copy be filed with the Registrar of Companies within 30 days from the date of receipt of the same. A notice of the order be published in the newspapers, namely, 'Financial Express' (English) and 'Jansatta' (Hindi....