2021 (1) TMI 576

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....ting of the Equity Shareholders and dispensing with conducting of the meeting of Unsecured Creditors. 1. AAMIR EXIM PRIVATE LIMITED: i. The Applicant/Transferor Company no. 1 viz., Aamir Exim Private Limited has 2 (Two) Equity Shareholders. The List of Equity Shareholders is placed at Page 339 of the Application. The meeting of the Equity Shareholders is scheduled to be held through Video Conferencing on the 1st March 2021 at 1 P.M. Publication of the notice of the proposed meeting will be made in the "Business Standard" (English, Delhi Edition) and "Business Standard" (Hindi, Delhi Edition). The notices in this regard shall be sent by Registered Post/ Speed Post or through Email, addressed to each of the shareholder of the Transferor Co....

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....1 Unsecured Creditors constituting 97.29% in terms of value, are placed at pages from 412 to 414 of the Application, wherein it has been deposed that they do support the Scheme and accord consent to dispense with the holding of the meeting of Unsecured Creditors. In view of the above, accordingly the meeting of the Unsecured Creditors of the Transferor Company is allowed to be dispensed with under Section 230(9) of the Companies Act, 2013. 2. AXIS COTTEX PRIVATE LIMITED : i. That it has been submitted that the Applicant/ Transferor Company No.2 viz., Axis Cottex Private Limited has 6 (six)  Equity Shareholders. The list of Equity Shareholders is placed at Page 341 of the Application. The meeting of the Equity Shareholders is schedul....

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....aced at page 399 of the Application. Hence, there is no need for the meeting of Secured Creditors. iii.  That it has been submitted that there is 1 (one) Unsecured   Creditor in relation to the Transferor Company No.2. The Certificate issued by an Independent Chartered Accountant to this effect has been placed at page 399 of the Application. The consent affidavit given by the Unsecured Creditor constituting 100% in terms of value is placed at pages from 415 to 417 of the Application, wherein it has been deposed that they do support the Scheme and accord consent to dispense with the holding of the meeting of Unsecured Creditors. Therefore, the meeting of the Unsecured Creditors of the Transferor Company No.2 is allowed to be....

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....Sharma Practicing Company Secretary (Mobile No. 9911919008) is appointed as Scrutinizer. The Chairman's Report shall be filed before  this Tribunal within 7 days from the conclusion of the meeting. ii. That it has been submitted that the Transferor Company No. 2 has no Secured Creditors. The 'Nil' Secured Creditor Certificate issued by an independent Chartered Accountant has been placed at page 397 of the Application. Hence, there is no need for the meeting of Secured Creditors. iii. That it has been submitted that there are 05(five) Unsecured Creditors in relation to the Transferee Company. The Certificate issued by an Independent Chartered Accountant to this effect has been placed at page 397 of the Application. The c....