2016 (1) TMI 1319

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..... e. The proposed scheme has been approved by the respective Board of Directors (BOD) of applicants. The copies of the BOD resolution of the applicants of even dated 16.11.2015 have been filed. Given the fact that all shareholders and creditors (i.e. the unsecured creditors) of the applicants have given their consent and/or No Objection (NOC) to the proposed scheme, there shall be no requirement .....

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..... urisdiction of this Court. 3. The details of the dates of incorporation of the applicants, their authorized, issued, subscribed and paid up capital have been set out in theapplication. 4. The copies of Memorandum and Articles of Association as well as the latest audited annual accounts for the year ended 31.03.2015 of the applicants have been filed. 5. I am informed by the learned counsel .....

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..... Consent given Transferor Company No.1 3 100% Nil N.A. 1 100% Nil N.A. Transferor Company No.2 2 100% Nil N.A. 1 100% Nil .....

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