2021 (6) TMI 524

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....dip Kumar Kejriwal, CS ORDER Rajasekhar V.K., Member (J) 1. The Court convened by video conference today. 2. The instant petition has been filed under Section 230(6) read with Section 232(3) of the Companies Act, 2013 ("Act") for sanction of the Scheme of Amalgamation of Rangoli Creation Private Limited, being the Petitioner No. 1 above named ("Transferor Company" or "Petitioner No. 1") with R....

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....en their consent to the Scheme by way of affidavits. (b) The Applicant Companies do not have any Secured Creditors/Unsecured Creditors, hence the question of conducting the meeting of the Secured Creditors/Unsecured Creditors does not arise. 4. Ld. Counsel appearing for the Petitioners now seek admission of the instant petition presented by them for sanction of the Scheme. 5. The Learned Couns....

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....so far. 6. Upon perusing the records and documents in the instant proceedings and considering the submissions made on behalf of the Petitioners, we admit the instant petition and fix the next date of hearing on 20.05.2021. 7. At least 10 (ten) clear days before the said date fixed for hearing, the Petitioners shall cause notice of hearing to be advertised in the "Financial Express" in English an....

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....xt date of hearing of the petition and a copy of such representation should be simultaneously sent to the CS Sandip Kumar Kejriwal, Authorised Representative of the said Petitioners. If no such representation is received by the Tribunal within such period, it shall be presumed that such Authorities have no representation to make on the said Scheme. Such notice shall be sent in Form No. CAA3 of the....