9911796707
TMI Blog2003 (9) TMI 569X X X X Extracts X X X X X X X X Extracts X X X X ..... Ms. Davawala, Ld. Addl. Central Government Standing Counsel. Ld. counsel Mr. Mihir Joshi has taken me through the Scheme of Amalgamation of AIA Exports Pvt. Ltd. (Transferor Company) with AIA Engineering Private Limited (Transferee Company) including reduction of paid-up Share Capital whereby the Undertakings (as defined in the Scheme) of the Transferor Company shall stand transferred to and vest ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... f Amalgamation and that the Paid-up Share Capital of the petitioner Company shall stand reduced as provided in the Scheme as integral part thereof. 3. Earlier, by Order dated 9th May, 2003 in Company Application No. 251 of 2003 preferred by the petitioner Company for sanctioning the scheme of Amalgamation which includes reduction of Paid-up Share Capital, this Court dispensed with the requirem ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 003 has been filed confirming the publication of the notice in two newspapers as directed and service of notices on the Regional Director. 5. The letter dated 18-9-2003 addressed by the Registrar of Companies, Gujarat to Ms. P.J. Davawala, Addl. Central Government Standing Counsel along with the letter of Regional Director, dated 10-9-2003 is placed on record by Ms. Davawala and the same is ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... any. I, therefore, accordingly allowed this petition and approve the arrangement embodied in the Scheme of Amalgamation including reduction of Paid-up Share Capital at Annex. C to the petition. Reliefs in terms of Para 19( a ) to 19( j ) in this petition are hereby granted. 7. The fees of learned Addl. Central Government Standing Counsel Mr. P.J. Davawala is quantified at Rs. 3,500 (Rs. Three ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
