2016 (4) TMI 1272

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ave given their consent in writing as required under Section 391( 2) of the Act, to the proposed Scheme of Amalgamation, the meetings of the Equity Shareholders and Unsecured Creditor of the applicant company are ordered to be dispensed with. - COMPANY APPLICATION NO. 146 of 2016 - - - Dated:- 12-4-2016 - HONOURABLE SMT. JUSTICE ABHILASHA KUMARI MR NAVIN K PAHWA FOR THAKKAR AND PAHWA ADV .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... oval of the Scheme. A copy of each of the consent letters of Equity Shareholders are produced at Pages 86 to 89 of the compilation. It is also submitted that there is only one Unsecured Creditor of the applicant-Company and the sole Unsecured Creditor has given its consent in writing, in approval of the Scheme. A copy of the consent letter of the Unsecured Creditor is produced at Page90 of the com .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... re being initiated before the appropriate Court. 4. Having heard Mr.Pahwa, learned advocate for the applicant and considering the fact that all the Equity Shareholders and Unsecured Creditor of the applicant company have given their consent in writing as required under Section391( 2) of the Act, to the proposed Scheme of Amalgamation, the meetings of the Equity Shareholders and Unsecured Credit .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X