2016 (3) TMI 1257

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.... of shareholders and creditors of Food Magic India Private Limited (Transferor Company), Gemini Comestibles Private Limited (Transferor Company), Mindscape One Marketing Private Limited (Transferor Company), Rhodanthe Foods Private Limited (Transferor Company) and Ready Roti India Private Limited (Transferee Company) and for holding the meeting of unsecured creditors of Mindscape One Marketing Private Limited (Transferor Company). Counsel for the applicants submits that shareholders and creditors of applicant companies Food Magic India Private Limited, Gemini Comestibles Private Limited, Mindscape One Marketing Private Limited, Rhodanthe Foods Private Limited and Ready Roti India Private Limited (Transferee Company) have proposed a scheme ....

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....algamation. There are 191 unsecured creditors of the company list of which as on 31-1-2016 certified by the Chartered Accountant is annexed as Annexure-23. It is submitted that in view of consent by the secured creditor for the scheme of amalgamation, the meeting be dispensed with. Only the meeting of unsecured creditors is required to be convened. It is submitted that Rhodanthe Foods Private Limited has two equity shareholders and both of them have consented to the scheme of arrangement, their consent letters are annexed as Annexure-24. It has one secured creditor State Bank of India, which has given consent to the scheme of amalgamation. There are five unsecured creditors, who have given their consent to the scheme. List as on 31-1-2016 ....

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....ngs of shareholders, creditors secured and unsecured of companies other than the meeting of unsecured creditors of Mindscape One Marketing Private Limited be dispensed with. The meeting of the unsecured creditors of Mindscape One Marketing Private Limited however be held to examine the proposed scheme of amalgamation. The said meeting be convened and held at Jaipur Chapter of NIRC of ICSI, A-5/A, ICSI House, Institutional Area, Jhalana Doongri Jaipur on April 30, 2016 at 10.30 AM as detailed hereunder:- Category of meeting Time & Date Place 1. Unsecured Creditors 10.30 AM on April 30, 2016 Jaipur Chapter of NIRC of ICSI A-5/A, ICSI House Institutional Area, Jhalana Doongri, Jaipur. For convening the aforesaid meeting Mr. Saurabh Ja....