2013 (3) TMI 769

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....malgamation (?Scheme?) filed by Standard Microsystems India Pvt. Ltd. (hereafter referred to as ?Applicant/Transferor company No. 2?), Bridgeco Technologies India Pvt. Ltd. (hereafter referred to as ?Non-Applicant/Transferor company No. 1) with Microchip Technology Pvt. Ltd. (hereafter referred to as ?Non-Applicant/Transferee company). A copy of the proposed Scheme is filed along with the applicat....

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....r company No.1 and the Transferee company with the directions to the Transferee company to issue individual notice to its employees and trade creditors and the Transferor company No.1 to issue individual notice to its trade creditors about the Scheme by registered post acknowledgement due. 4. Learned counsel for the Applicant company submits that no proceeding under Sections 235 to 251 of the Act....