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TMI Blog2020 (6) TMI 711X X X X Extracts X X X X X X X X Extracts X X X X ..... e Applicant : Adv Shruti Kelji-Pednekar ORDER Per: V. Nallasenapathy, Member (Technical) 1. The Court is convened by Video Conference today (01.06.2020). 2. The Advocate appearing for the Applicant Companies states that the present Scheme is for Amalgamation of OCS Technical Solutions India Private Limited (Transferor Company) by Fassco International (India) Private Limited (Transferee Company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Equity Shareholders of both the Applicant Companies for considering the proposed Scheme of Merger by Absorption between OCS Technical Solutions India Private Limited (Transferor Company) with Fassco International (India) Private Limited (Transferee Company) and their respective shareholders, be dispensed with in view of the consent affidavits submitted by both the Equity Shareholders of the respe ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the First Applicant Company and there is only 1 Unsecured Creditor amounting to Rs.5,73,50,610/- as on 31stMarch, 2020 in the Second Applicant Company. Further, the meeting of the Unsecured Creditors of the Applicant Companies is dispensed with in view of the said Unsecured Creditors will not be affected by the proposed Scheme of Merger by Absorption as no arrangement is envisaged with them. Furt ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Director (Western Region), Ministry of Corporate Affairs, Mumbai; (b) Registrar of Companies, Maharashtra, Mumbai; (c) The Income Tax Authorities within whose jurisdiction the Applicant Companies assessed to tax, clearly indicating the PAN of the Applicant Company concerned; (d) Reserve Bank of India; pursuant to Section 230(5) of the Companies Act, 2013 and as per Rule 8 of the Companies ( ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s.2,00,000/- (Rupees two lakh only) to assist the Official Liquidator to scrutinise the books of accounts of the First Applicant Company and submit its report to the Tribunal. If no representation/objection is received by the Tribunal from the Official Liquidator, High Court, Bombay within a period of 30 (Thirty) days from the date of receipt of such notice, it will be presumed that the Official L ..... X X X X Extracts X X X X X X X X Extracts X X X X
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