Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2016 (6) TMI 61

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... te Affairs, New Delhi and Official Liquidator, the Amended Scheme is hereby sanctioned subject to sanction of the aforesaid Amended Scheme by the High Court of Delhi in the case of Non-petitioner/Transferor and Transferee companies, and as a result thereof, the assets and liabilities of the petitioner/5th Transferor Company shall stand vested in the Transferee Company and the petitioner/5th Transf .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... short the Act ], duly supported by an affidavit of the petitioner/5th Transferor Company, seeking sanction of the Amended Scheme of Amalgamation [for short the Amended Scheme ] (Annexure P-15). The main objects of the petitioner-Transferor Company and the Non-petitioner/Transferee Company are detailed in their respective Memorandum and Articles of Association, which are annexed with the petit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Notice of the Second Motion of the petition was issued on 1.9.2015 to the Regional Director, Ministry of Corporate Affairs, Noida and Official Liquidator. It was also directed that the notice be also published in the Newspapers, namely, Financial Express (English) and Jansatta (Hindi), both Delhi/NCR Edition as well as in the Official Gazette of the State of Haryana besides being uploaded on t .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... For the reasones mentioned hereinabove and on the consideration of all the relevant facts and the procedural requirements contemplated under Sections 391 394 of the Act and the relevant Rules and on due consideration of the report of the Regional Director Northern, Ministry of Corporate Affairs, New Delhi and Official Liquidator, the Amended Scheme is hereby sanctioned subject to sanction of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ied copy be filed with the Registrar of Companies within 30 days from the date of receipt of the same. A notice of the order be published in the newspapers, namely, Financial Express (English) and Jansatta (Hindi), both Delhi/NCR Edition and in the official gazette of Government of Haryana. Any person interested shall be at liberty to apply to the Court for any direction(s) as per law. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates