2008 (2) TMI 639

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..... tap Narain Rolling Enterprises Private Limited is a company incorporated under the Indian Companies Act, 1956 having its registered office at Mathura Road, Artoni, Agra. The said company was incorporated on 24th day of November, 1972 and became a deemed public company under section 43A(2) of the Companies Act with effect from 22-1-1988. It has got two businesses, one is flour mill and other a Cine .....

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..... f Demerger/merger and the resolution in this regard has been passed by the Board of Directors which is Annexure-E to the Company Application No. 15 of 2007. Under the scheme, the business of the Cinema Hall of the company Raj Narain Pratap Narain Rolling Enterprises Private Limited is proposed to be the business of AARA Agro Private Limited. 4. There are only three shareholders of both the afores .....

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..... -2008. The Regional Director filed the affidavit through the Official Liquidator dated 18-2-2008 wherein in paragraph 4 it is stated that the Central Government has no objection to the proposed scheme of arrangement. In pursuance of the aforesaid two advertisements, no objection has been received from any side. The scheme of arrangement is Annexure-E to the present petition. 7. Accordingly, petit .....

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