2015 (11) TMI 1695

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....approve, with or without modification, the proposed Scheme of Amalgamation of Boom Investments Private Limited (hereinafter referred to as the transferor company) with Mohair Investment and Trading Company 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 originally incorporated under the Companies Act, 1956 on 30th January, 1984 with the Registrar of Companies, Punjab, H. P. & Chandigarh at Jalandhar. The company shifted its registered office from the State of Punjab to Delhi and obtained a certificate in this regard from the Registrar of Companies, NCT....

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....ch aggregating to Rs. 28,55,50,000/-. The issued, subscribed and paid-up share capital of the company is Rs. 50,55,76,000/- divided into 1,90,00,500 equity shares of Rs. 10/- each aggregating to Rs. 19,00,05,000/-; 210 11% non-cumulative redeemable preference shares of Rs. 100/- each aggregating to Rs. 21,000/-; 3,00,000 12.5% non-cumulative redeemable preference shares of Rs. 100/- each aggregating to Rs. 3,00,00,000/-; and 28,55,500 5% non-cumulative redeemable preference shares of Rs. 100/- each aggregating to Rs. 28,55,50,000/-. 7. Copies of the Memorandum and Articles of Association of the transferor and transferee companies have been filed on record. The audited balance sheets, as on 31st March, 2015, along with the reports of the ....

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.... 12.5% non-cumulative redeemable preference shares of Rs. 100/- each held by them in the transferor company." "01 non-cumulative redeemable preference share of the transferee company, credited as fully paid up, for every 01 fully paid up 5% non-cumulative redeemable preference shares of Rs. 100/- each held by them in the transferor company." 10. It has been submitted by the applicants that no proceedings under Sections 235 to 251 of the Companies Act, 1956 are pending against the applicant companies. 11. The Board of Directors of the transferor and transferee companies in their separate meetings held on 10th August, 2015 have unanimously approved the proposed Scheme of Amalgamation. Copies of the Resolutions passed at the mee....