2015 (7) TMI 1242

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..... , for the applicants. BY THE COURT: Instant Company application has been filed by the applicants companies under Sections 391-394 of the Companies Act, 1956 read with Section 52 of the Companies Act, 2013 and Sections 100 to 104 of the Companies Act, 1956 and Rule 67 of the Companies (Court) Rules, 1959 seeking dispensing with the meetings of share holders and unsecured creditors of applicant .....

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..... it approved the scheme of amalgamation. As also the meeting of the Board of Directors of transferee company was held on 22-1-2015 and approved the scheme of amalgamation. Copies of the resolutions passed in the meeting of 22-1- 2015 have been annexed as Exhibit-6 and 7. Counsel submits that the company No.2 (Divine Heritage Hotels Private Limited) is a wholly owned subsidiary of the transferee co .....

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..... en they have given their unconditional consent to the scheme of amalgamation and their consent letters with the certificates of Chartered Accountant are on record. It has been prayed that meetings of shareholders and of creditors may kindly be dispensed with. Taking note of aforesaid facts and supporting documents on record duly supplied by the applicant and considering the material on record esp .....

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