2009 (2) TMI 878

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..... site scheme of arrangement between Gallops Realty Private Limited, the demerged company with Atithya Inn Private Limited, the applicant resulting company, for the proposed demerger and transfer of hotel business of Gallops Realty Private Limited into Atithya Inn Private Limited. It has been submitted that the applicant resulting company is a newly incorporated company and will be engaged exclus .....

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..... he application respectively as Annexure 'E' and 'F'. Further, pursuant to the oral directions of this Court, the said consent letters are produced on individual affidavits of all the equity shareholders. In view of the aforesaid, the meeting of the equity shareholders of the applicant company, as required to be held under provisions of Section 391(2) of the Companies Act, 1956 i .....

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