2007 (3) TMI 740

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..... TED WITH COMPANY APPLICATION NO.1214 OF 2006 - - - Dated:- 16-3-2007 - DR. D.Y. CHANDRACHUD, J. Mr. Virag Tulzapurkar, Senior Advocate i/b Rajesh Shah Co. for the Petitioners Mr. C.J. Joy with Ms. Madhavi Gaikwad for the Regional Director. Ms. K.V. Gautam, Dy. Official Liquidator present. JUDGEMENT The sanction of this Court is sought to a scheme of demerger under S .....

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..... s have been duly fulfilled, there is no reason why the scheme as proposed should not be sanctioned. Company Petitions 68, 69 and 70 are made absolute in terms of prayer clauses (a) to (c), save and except for the bracketed portion in prayer clause (a). The Petitioner to pay costs of ₹ 2,500/each to the Regional Director and the Official Liquidator. Filing and issuance of drawn up order is .....

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