TaxTMI 
TaxTMI 
2022 (1) TMI 169
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....r 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 Green Valley Agro Plantations Private Limited, being the A....
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.... Number of Unsecured Creditor - NIL as on 01.06.2021 b) Applicant No. 2: Number of Equity Shareholders- 12 (Twelve) as on 01.06.2021 Number of Secured Creditor- NIL as on 01.06.2021 Number of Unsecured Creditor- NIL as on 01.06.2021 3. It is further submitted that all Equity Shareholders of all the Applicant Companies have already given their consent to the Scheme by way of affidavits whi....
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....e by way of affidavits is dispensed with. b) Meeting dispensed: There are no Secured, Unsecured Creditors and any other Liability Holders in any of the Applicant Companies therefore there is no need to obtain consent of the creditors by way of affidavits is dispensed with. c) Meeting to be held No meeting is required to be held. 7. Notice under Section 230(5) of the Companies Act, 2013 al....
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.... 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 of Amalgamation. Such notice shall be sent pursuant to Section 230(5) of the Companies Act, 2013 read with Rule 8(2) of the Companies (Compromises, Arrangements and Amalgamations) Rules 2016 in Form No. CAA 3 of the said Rules with nec....