9911796707
TMI Blog2000 (11) TMI 1138X X X X Extracts X X X X X X X X Extracts X X X X ..... said company was ordered to convene a meeting of the equity shareholders of the above company for the purpose of considering, and if thought fit approving, with or without modification, the Scheme of Arrangement proposed to be made between the petitioner-company (being the transferor-company) and Sahara India Commercial Corpn. Ltd. (being the transferee-company having its registered office in the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... papers in which notices convening the meeting were published, no one having come forward to oppose the petition, after perusing the report dated 11-10-2000 by the Official Liquidator stating therein that the affairs of the transferor-company have not been conducted in manner prejudicial to the interest of its members or to the public interest and that the petitioner-company be dissolved without pa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rs present and voting in person or by proxy. 2. This Court doth hereby sanction the Scheme of Arrangement annexed to the petition as Annexure-I and doth hereby declare the same to be binding on all the members of the petitioner-company and also on the said company, i.e., Sahara India Mercantile Ltd. 3. This Court doth order that as more elaborately provided in the Scheme of Arrangement a ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ntinued by or against the transferee-company; and 4. the transferee-company do without further application allot to such members of the transferor-company, the shares in the transferee-company to which they are entitled to under the said Scheme of Arrangement; and 5. the transferor-company do within 30 days after the date of this order cause a certified copy of this order to be delivered to ..... X X X X Extracts X X X X X X X X Extracts X X X X
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