2016 (11) TMI 1502

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..... aid equity shareholder, namely, ICICI Prudential Asset Management Company Limited is annexed to the present application. In view of the foregoing, the present application is allowed. Paragraph 20 of the order dated 26.09.2016 shall now be read as under:- “20. That the Transferee Company has 28 equity shareholders. All the equity shareholders have given their consents/no objections in writing .....

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..... form this Court that the transferee company has 28 equity shareholders and not 27 equity shareholders, as averred in the first motion petition, adjudicated and determined by this Court by way of said order dated 26.09.2016. The present application is accompanied by an affidavit of Mr. Ravi Aggarwal, Director and authorized signatory of the transferee company. It is further urged on behalf of th .....

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..... e. Their consents/no objections have been placed on record. They have been examined and found in order. In view thereof, the requirement of convening the meeting of the equity shareholders of the Transferee Company to consider and, if thought fit, approve, with or without modification, the proposed Scheme is dispensed with. However, the applicants are directed to deposit a sum of ₹ 25,00 .....

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