2021 (12) TMI 1189

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....Khetan, PCA ORDER Balraj Joshi, Member (T) 1. The instant application has been filed in the first stage of the proceedings under Section 230(1) read with Section 232(1) of the Companies Act, 2013 ("Act") for orders and directions with regard to meetings of shareholders and creditors in connection with the Scheme of Amalgamation of BHADRAKAALI SALES PRIVATE LIMITED, being the Applicant No. 1 abo....

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....ty Shareholders- 03 (Three) as on 16.09.2021 Number of Secured Creditor- NIL as on 16.09.2021 Number of Unsecured Creditor - NIL as on 16.09.2021 b) Applicant No. 2: Number of Equity Shareholders- 03 (Three) as on 16.09.2021 Number of Secured Creditor- NIL as on 16.09.2021 Number of Unsecured Creditor- NIL as on 16.09.2021 c) Applicant No. 3: Number of Equity Shareholders- 03 (Thre....

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....ings and considering the submission made on behalf of the Applicants, we allow the instant application and make following orders:- a) Meeting dispensed: Meeting of all the Equity Shareholders of all the Applicant Companies having respectively given their consent to the Scheme by way of affidavits is dispensed with. b) Meeting dispensed: There are no Secured, Unsecured Creditors and any oth....

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....this order. The notice shall specify that representation, if any, should be filed before this Tribunal within 30 days from the date of receipt of the notice with a copy of such representation being simultaneously sent to the Authorised Representative of the said Applicant(s). If no such representation is received by the Tribunal within such period, it shall be presumed that such authorities have n....