2015 (11) TMI 1708

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..... aken by Transferee Company being the Holding Company under the provisions of Sec. 391(2) of the Companies Act, 1956. - Company Application No. 351 of 2015 - - - Dated:- 6-11-2015 - Honourable Mr.Justice Vipul M. Pancholi Thakkar And Pahwa, Advocates for the Applicant. ORAL ORDER 1. The present Judges Summons has been taken out by the applicanteInfochips Limited (the Transferee C .....

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..... e Company being the holding company of the Transferor Companies hold the entire share capital of the Transferor Companies. It is further submitted that upon 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 further submitted that considering the capital structure of the Transferee Company, it is .....

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