2020 (1) TMI 1499

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....UMAR SARANGI, JJ. For the Applicants: Mr. Mahesh Agarwal, Mr. Rajeev Agarwal, Advocates ORDER Dr. Deepti Mukesh, J. 1. This petition for second motion has been filed on 26.12.2019 under the provisions of Sections 230-232 of the Companies Act, 2013 read with Rule 15(1) of the Companies (Compromise, Arrangements, Amalgamation) Rules, 2016 for the Scheme of Arrangement (for brevity Scheme....

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....secured creditors of the Transferor company, the necessity of convening the meeting was obviated. It is submitted that after receiving the certified copy of the order on 19.12.2019 the present application is filed on 26.12.2019 within the limitation period. 3. Taking into consideration the above facts and record, it is hereby ordered as follows: (i) The date of hearing of the Petition ....

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....igh Court, New Delhi, along with full details of assessing officer and PAN numbers of all the applicant companies; (d) Official Liquidator; and to such other Sectoral Regulatory Authorities who may govern the working of the respective companies involved in the Scheme at least 30 days before the date fixed for hearing of the above Petition. (iv) Further, notices shall also be served to Obj....

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....d, failing which it will be considered that there is no objection to the approval of the Scheme on the part of the authorities and subject to other conditions being satisfied as may be applicable under the Companies Act, 2013 and relevant rules framed there under. (vii) Each Applicant Company shall individually comply with proviso to sub section (3) of Section 232 or proviso to sub sectio....