2015 (11) TMI 1686

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....titioners. Rajesh Bindal, J. In this petition filed under the Companies Act, 1956 (for short, 'the Act'), duly supported by affidavits, the petitioner- Companies seek dispensation of the meetings of their Equity Shareholders, Secured and Unsecured Creditors for sanctioning of the Scheme of Amalgamation (Annexure P-1) of Keihin Automotive Systems India Private Limited (Transferor Comp....

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....equity shares of ` 10/- each. The issued, subscribed and paid up share capital of the company is ` 4,35,70,000/- divided into 43,57,000 equity shares of ` 10/- each. The authorised share capital of the Transferee Company / Petitioner no. II as on 31.7.2015 is ` 18,50,00,000/- divided into 1,85,00,000 equity shares of ` 10/- each. The issued, subscribed and paid up share capital of the company i....

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....ed as Annexure P-12. Transferee company / petitioner company-II has two (2) equity shareholders. Copy of the certificate to this effect issued by Ashish Karundia & Company, Chartered Accountants is annexed as Annexure P- 13. Both of them have given their consent to the Scheme of Amalgamation, which are at Annexure P-14 (colly). There is no secured creditor of the Transferee Company / Petitioner Co....