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TMI Blog2008 (3) TMI 473X X X X Extracts X X X X X X X X Extracts X X X X ..... comply with the statutory requirements in accordance with law. Certified copies of this order be filed with the Registrar of Companies within five weeks. - CP NO. 297 OF 2007 - - - Dated:- 17-3-2008 - VIPIN SANGHI, J. Rajeev Goel for the Petitioner. R.D. Kashyap for Regional Director. Ms. Manisha Tyagi for the Official Liquidator. ORDER 1. This is a petition under se ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s Rs. 50 lakhs divided into 5 lakhs equity shares of Rs. 10 each while the issued, subscribed and paid-up equity share capital of the applicant/transferor company No. 1 is Rs. 49,90,200 divided into 4,99,020 equity shares of Rs. 10 each. 5. The authorized share capital of the applicant/transferor company No. 2 is Rs. 1 crore divided into 10 lakh equity shares of Rs. 10 each while the issued, s ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ng and, if thought fit, approving the said Scheme of Amalgamation was dispensed with. 8. Vide order dated 17-12-2007, citations were directed to be published in The Financial Express (English edition) and Jansatta (Hindi edition), in terms of Companies (Court) Rules, 1959. An affidavit dated March 3, 2008 has been filed by one Mr. Naresh Kumar, the authorized signatory of the petitioner ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... unts of Petitioner companies as on 31-3-2007. The Official Liquidator in its report has stated that he has not received any complaint against the Scheme of Amalgamation from any person/parties interested in the scheme in any manner whatsoever, and on the basis of information submitted by the petitioner companies. Thus it was inferred that the affairs of the petitioner companies do not appear to ha ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ks. It is also clarified that this order will not be construed as an order granting exemption from payment of stamp duty that is payable in accordance to law. Upon sanction becoming effective from the appointed date of amalgamation, that is 1-4-2007, the transferor company stands dissolved without being wound up. The Official Liquidator shall be paid expenses amounting to Rs. 10,000 within two wee ..... X X X X Extracts X X X X X X X X Extracts X X X X
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