2015 (10) TMI 2681

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..... o be furnished pursuant to Section 393 and forms of proxy can be obtained free of charge at the registered office of the company or at the office of their advocate, be inserted once in each dailies viz. Gujarati Daily ‘Sandesh’ and English Daily ‘Times of India”, both Baroda Editions. That in addition, at least 21 clear days before the meetings to be held as aforesaid, a notice convening the said meetings at the place and time aforesaid, together with a copy of the said compromise or arrangement, a copy of the statement required to be sent under Section 393 and the prescribed form of proxy, shall be sent by prepaid letter post addressed to Secured Creditors and Unsecured Creditors at the registered or last known addresses. Voting by p .....

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..... vt. Ltd. with Centurion Laboratories Pvt. Ltd.. The applicant seeks dispensation of the meeting of the Equity Shareholders of the Applicant Company on the ground that the consent of all the equity shareholders of the applicant-company have been obtained and placed on record. 2. Upon the application of the above named company by summons dated 21st day of October, 2015, upon hearing Mr. Navin Pahwa, Advocate for the Company and upon reading the affidavit of the Authorised Signatory and the annexure therein referred to (Annexure E being a copy of proposed Scheme of Amalgamation), it is ordered that: 3. That the meetings of Secured Creditors and Unsecured Creditors of the applicant company shall be convened and held at the Registered Of .....

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..... ertisement and send out the notices of the meetings referred to above. 8. That the quorum for the meetings of the Secured Creditors and Unsecured Creditors shall be 2 and 5 respectively. 9. That voting by proxy to be permitted, provided that a proxy in the prescribed form duly signed by the person entitled to attend and vote at the meetings, is filed with the company at the above address not later than 48 hours before the meetings. 10. That the value of debt of each of the secured and unsecured creditors shall be in accordance with the books of the company and, where the entries in the books are disputed, the Chairman shall determine the value for purposes of the meetings. 11. And it is further ordered that the Chairman reports .....

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