2015 (12) TMI 1719

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.... the Petitioner. ORAL ORDER 1. The present petition under Section391 read with Section394 of the Companies Act, 1956, has been preferred, seeking the sanction of this Court for the Scheme of Amalgamation of Smart Guard Systems Private Limited and nGin Technologies Private Limited with eInfochips Limited. Earlier, the petitioner had filed Company Application No.352/2015 seeking dispensation of ....

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.... required to be undertaken by the Transferee Company under the provisions of Section391( 2) of the Companies Act, 1956. By an order dated 06.11.2015, passed in Company Application No.351/2015, this Court ordered that no separate proceedings are required to be undertaken by the Transferee Company, being the holding Company, under the provisions of Section391( 2) of the Act. 3. Heard Mr.Navin K. Pa....