9911796707
TMI Blog2012 (12) TMI 472X X X X Extracts X X X X X X X X Extracts X X X X ..... Territory of Delhi and within the jurisdiction of this Court. 3. Learned counsel for the Applicant Companies submits that no proceeding under Sections 235 to 251 of the Act is pending against the Applicant Companies as on the date of the present Application. 4. The proposed Scheme has been approved by the Board of Directors of Applicant Companies. 5. Status of the Shareholders, Secured and Un-secured Creditors of the Applicant Companies and the consents obtained from them for the proposed Scheme is clearly apparent from the chart given in the application which is as below:- Transferee Company Transferor No.1 Company Transferor No.2 Company Transferor No. 3 Company Transferor No. 4 Company Transferor No. 5 Company Number of shareh ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... hajan, Advocate, Cell No.9811191920 is appointed as the Chairperson and Mr.Suvinder Singh, Advocate Cell No.9810340129 is appointed as the Alternate Chairperson for the meeting of Secured Creditors of the Transferee Company. They would be paid a fee of Rs.50,000/- each. Mr.Shekhar, Cell No.9654435560 and Mr.Ravi John, Cell No.9958903079 shall provide secretarial assistance to the Chairperson and the Alternate Chairperson. They shall be paid a fee of Rs.10,000/- each for this purpose. 10. Mrs. Sureksha Luthra, Officer of the Court, Cell No.9910390944 is appointed as the Chairperson and Mr.R.K.Gupta, Officer of the Court, Cell No.9871890458 is appointed as the Alternate Chairperson for the meeting of Unsecured Creditors of the Transferee Com ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... presence or in the presence of their authorized representatives. Notice of the meetings shall also be published in the Delhi edition of the newspapers, "Indian Express" (English) and "Jansatta" (Hindi) in terms of the Companies (Court) Rules, 1959, at least 21 days before the date appointed for the meetings. 14. The Chairpersons and Alternate Chairpersons appointed for the meetings will be at liberty to issue suitable directions to the management of the Transferee Company so that the aforesaid meetings are conducted in a just, free and fair manner. 15. The Chairpersons/Alternate Chairpersons will file their reports within two weeks from the date of the aforesaid meetings. 16. Insofar as the Creditors in respect of all the Transferor com ..... X X X X Extracts X X X X X X X X Extracts X X X X
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