TMI Blog2015 (7) TMI 1247X X X X Extracts X X X X X X X X Extracts X X X X ..... ion of the above named company by Judge's Summons for direction dated 16/06/2015 nand upon hearing Mr. Vijay H. Patel, Learned advocate for the applicant company, and on perusing and considering the contents of the affidavit dated 16th June, 2015 of Mr. Rakesh Swadia, Managing Director and authorised signatory of the applicant company, and perusing all relevant annexures, this court passes the fol ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... en consent of one secured creditor namely HDFC Bank at (Annexure-E) of the application. The book value of secured creditors (2 in numbers) is Rs. 1,76,24,815.49/-. Out of the aforesaid secured creditor, secured creditor namely HDFC Bank whose aggregate value is Rs. 1,00,00,000/-(One Crore) has given its written consent to the proposed scheme of amalgamation. Further, secured creditor of Rs. 76,24, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed creditors (40 in numbers) is Rs. 2,33,01,675.39/-. Out of the aforesaid unsecured creditors, 25 unsecured creditors, whose aggregate value is Rs. 2,15,99,909.99 /- have given their written consents to the proposed Scheme of Amalgamation. Further, creditors of Rs. 6,17,620/- have been paid off. Thus, having received written consents of majority of unsecured creditors to the scheme of amalgamatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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