TMI Blog2014 (3) TMI 1105X X X X Extracts X X X X X X X X Extracts X X X X ..... the meetings of the Shareholders of the Transferor and Transferee Companies are dispensed with. As stated that there are two Secured Creditors with three loan accounts in the Transferor Company and three Secured Creditors with six loan accounts in the Transferee Company. All the Secured Creditors have given their respective consents. In view of the same the meetings of the Secured Creditors of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... he Companies Act, 1956 (?Act?) in connection with the Scheme of Amalgamation (for short Scheme) of KVTEK Power Systems Pvt. Ltd. (Transferor Company) with ETM Technologies Pvt. Ltd. (Transferee Company). A copy of the proposed Scheme has been filed with the present application. 2. The registered office of the Applicant Companies are situated at Delhi within the jurisdiction of this Court. 3. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... A prayer has been made for dispensation of the requirement of convening meetings of Shareholders, Secured and Unsecured Creditors, of the Transferor Company and the Transferee Company. 8. There are Shareholders in both the Transferor and Transferee Companies and all the Shareholders have given their consents for the proposed amalgamation and the letter of consents have been attached with the ap ..... X X X X Extracts X X X X X X X X Extracts X X X X
|