TMI Blog2009 (9) TMI 577X X X X Extracts X X X X X X X X Extracts X X X X ..... ion and according to the explanations given, the affairs of the transferor-companies have not been conducted in the manner prejudicial to the interest of its members or the public interest.The present Scheme of Amalgamation at Annexure-C is sanctioned in accordance with the provisions of the Companies Act and the minutes of the meetings as mentioned in para 15 of Company Petition No. 74 of 2009 ar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of Company Petition No. 74 of 2009) (hereinafter referred to as 'Transferee-Company'). 2. The Scheme of Amalgamation is produced at Annexure "C" of the petition. 3. In case of all the transferor-companies, vide order dated 23-3-2009 passed by this Court in Company Application No. 93 of 2009 to Company Application No. 97 of 2009, as the consent letters were produced, the meetings of equity shareh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed with. 5. All the petitions came to be admitted on 6-4-2009 and the publications were ordered in English daily, Indian Express (Ahmedabad Edition) and Sandesh, Gujarati daily (Ahmedabad Edition). Common publication was permitted in respect of all the transferor-companies, whereas for transferee-company, separate publication was ordered. Publication in the Government Gazette was dispensed with. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... oner or its advocate has not received any objection from any person in response to the publication. 8. The Official Liquidator has filed reports in the petitions of all the transferor-companies together with the report of Chartered Accountant, Dharmendra Shah & Company. As stated by the Official Liquidator in the reports, on the basis of the information and according to the explanations given, th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 15 of Company Petition No. 74 of 2009 are approved, by granting permission to put today's date. 12. The petitions are allowed accordingly. 13. The cost of the Central Government is quantified at Rs. 2,500 in each petition and the cost of the Official Liquidator is quantified at Rs. 1,500 in each petition of the transferor-companies. 14. It will be open to the concerned petitioner-company to pa ..... X X X X Extracts X X X X X X X X Extracts X X X X
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