2022 (1) TMI 169

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....) For the Appellant : Gopal Kumar 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....

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....2021 Number of Secured Creditor- NIL as on 01.06.2021 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 o....

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....eeting 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 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 dis....

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....ate 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 no representation to make on the said Scheme of Amalgamation. Such notice shall be sent pursuant to Section 230(5) of the Compani....