9911796707
TMI Blog2005 (5) TMI 668X X X X Extracts X X X X X X X X Extracts X X X X ..... be convened and held at Bangalore as the commercial operations of both the companies are in Bangalore. The meeting of the unsecured creditors be convened and held on Monday, the 20.6.2005 at 9:00 a.m. at Eagle Ridge Resort, 16 KM, Begur Kuppa Road, Bangalore 560 068. The meeting of the secured creditors of the applicant Company be convened and held on Monday, the 20.6.2005 at 12:00 noon at the corporate office of the applicant Company at 8th Floor, Du Parc Trinity, No. 17, M.G.Road, Bangalore 560 001, for the purpose of considering, and if thought fit, approving with or without modifications, the scheme of amalgamation of the applicant Company with the transferee Company viz. Arvind Brands Limited, as proposed between the applicant Company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... (Ahmedabad Edition). Shri Jagdishbhai Dalal, the authorised person of the applicant Company, failing him Shri Venkatchelapathy, the authorised person of the applicant Company, shall be the Chairman of the aforesaid meetings to be held on 20.6.2005 and in respect of the any adjournment or adjournments thereof. That the Chairman appointed for the aforesaid meetings do issue advertisements and send out notices of the said meetings referred to above. It is further directed, that the Chairman of the meetings shall have all powers under the Articles of Association of the applicant Company and under the Companies (Court) Rules, 1959 in relation to conduct of meetings including an amendment to the Scheme or resolution, if any, proposed at the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... eld and are hereby dispensed with. In case of the Transferee Company it has been submitted that in view of the contention taken in paragraph 20 of the application, the Transferor Company being the wholly owned subsidiary of the Transferee Company and in light of various judgments, separate proceedings are not required to be filed. In light of the various judgments, cited, a separate application for the Transferee Company is not necessary. In case of Transferee Company in the proposed Scheme of Amalgamation it is submitted by Mrs.Soparkar that the Transferee Company is holding Company of Transferor Company and the entire share capital is held by the Transferee Company and its nominees. She has further submitted that Clause-7 of the Sch ..... X X X X Extracts X X X X X X X X Extracts X X X X
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