2016 (3) TMI 1263

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..... rtaken by the Transferee Company, being the Holding Company, under the provisions of Section 391(2) of the Companies Act, 1956. - Company Application No. 105 of 2016 - - - Dated:- 21-3-2016 - Abhilasha Kumari. J. For the Applicant(s) : Navin Pahwa For Thakkar And Pahwa Advocates, Advocate For the Respondent : -- ORDER 1. The present Judges' Summons have been taken out by .....

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..... of the Transferor Company. It is further submitted that, upon the sanction of the Scheme, the shares held by the Transferee Company will stand cancelled and no new shares shall be issued by the Transferee Company. It is submitted that, considering the capital structure of the Transferee Company, it is not likely to undergo any change and the rights of the existing shareholders of the Transferee C .....

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