2004 (4) TMI 630

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....is application is for amalgamation of the applicant - Company with Transpek Industry Limited (the Transferee Company). The applicant is a Transferor Company who has entered into an arrangement in the nature of amalgamation with Transpek Industry Limited. Mrs.Soparkar states that the Transferee Company is the holding Company of the applicant Transferor Company holding 100% shares of the Transferor ....

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....f consent of the Unsecured Creditor. Mrs.Soparkar states, on the basis of the balance sheet of the applicant Company, that there are no Secured Creditors. That in light of the fact that all the Equity Shareholders and Unsecured Creditor of the applicant Company have given their consent to the proposed Scheme of Amalgamation, the meeting of the Equity Shareholders and Unsecured Creditor may be disp....