Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

2021 (5) TMI 893

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... e fixed for hearing, the Petitioners shall cause notice of hearing to be advertised in the FINANCIAL EXPRESS in English and Bengali translation thereof in DAINIK STATESMAN as per Rule 16(1) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 - Another notice pursuant to Section 230(5) of the Companies Act, 2013 along with accompanying documents, including the copies of the a .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... s Act, 2013 ( Act ) for sanction of the Scheme of Amalgamation of AUXINITE MARKETING LIMITED the Petitioner Company No 2 above named ( Transferor Company or Petitioner Company No 2 ) with BAJAJ POLYBLENDS PRIVATE LIMITED the Petitioner Company No 1 above named ( Transferee Company or Petitioner Company No 1 ) Transfer Date or Appointed Date being 1st April, 2020 pursuant to Section 230 to 232 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... meeting was directed by this Tribunal. (c) No Meetings required: Secured Creditors of Petitioner Companies, NIL creditors verified by auditors certificate. 4. The Learned Counsel for the Petitioners further submits that in compliance with Section 230(5) of the Companies Act, 2013 and the said order dated 6th January, 2021 made in Company Application No. C.A.(CAA) No. 992/(KB)/2020 no .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... of hearing on 21st May, 2021. 6. At least 10 (ten) clear days before the said date fixed for hearing, the Petitioners shall cause notice of hearing to be advertised in the FINANCIAL EXPRESS in English and Bengali translation thereof in DAINIK STATESMAN as per Rule 16(1) of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 ( CAA Rules ). 7. Another notice pursuant to Sec .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uch representation is received by the Tribunal within such period, it shall be presumed that such Authorities have no representation to make on the said Scheme. Such notice shall be sent in Form No. CAA3 of the CAA Rules with necessary variations, incorporating the directions herein. 8. The Petitioners to file an affidavit confirming compliance of the abovementioned directions of this Tribunal, .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates