TMI Blog2006 (9) TMI 300X X X X Extracts X X X X X X X X Extracts X X X X ..... t, approving with or without modification, the scheme of amalgamation between Aksh Broadband Limited (transferor Company) and Aksh Optifibre Limited (Transferee Company). 2. That the applicant company was incorporated on 19-3-1986 under the name and style of Aksh India Private Limited with the Registrar of Companies, NCT of Delhi and Haryana and was converted into a Public Limited Company on 13-3-1994 vide Special Resolution passed on 8-3-1994. Thereafter with effect from 7-2-2000 the transferee company shifted its registered office from the NCT of Delhi to the State of Rajasthan. 3. The position authorized issued, subscribed and paid-up capital of the applicant company as on date is detailed out in para No. 6 of the application. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vertisement convening the same and stating that copies of the said proposed scheme of amalgamation required to be furnished shall be furnished pursuant to section 393 of the Act, 1956 and forms of proxy can be obtained free of charge at the office of the applicant company or from the office of its advocates be advertised once in the dailies, namely, English News paper Financial Express (New Delhi Edition) and Hindi News paper - Dainik Navjyoti (Jaipur Edition). 8. That at least 21 clear days before the meetings to be held as aforesaid a notice convening the said meetings at the place and time aforesaid, together with the copy of the said scheme of amalgamation, a copy of the statement required to be sent under section 393 of the Act ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ting, is filed with the applicant company at their registered office, aforesaid not later than forty eight hours before the meeting scheduled to be held. 14. That the value of each equity shareholders, unsecured creditors and secured creditors shall be in accordance with the books of the applicant company where the entries in the books are disputed the Chairman shall determine the value for purposes of the meetings. 15. And it is further ordered that the Chairman do separately report to this Court the result of the said meeting within seven days of the conclusion thereof and the said report shall be verified by his affidavit. 16. With these directions the application accordingly stands disposed of. - - TaxTMI - TMITax - Corp ..... X X X X Extracts X X X X X X X X Extracts X X X X
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