2021 (7) TMI 1262

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..... a Saraf , CS ORDER Rajasekhar V. K. , Member ( J ) 1. The Court convened by video conference today. 2. The object of this Petition is to obtain sanction of this Tribunal to a Scheme of Amalgamation under Section 230 - 232 and other applicable provisions of the Companies Act, 2013, whereby and where under the entire undertakings of the Transferor Company namely Aakash Iron & Steel Private Limit .....

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..... ppearing for the Petitioners seeks admission of the instant Petition presented by her for sanction of the Scheme. 5. Ld. Authorised Representative for the Petitioners further submits that in compliance with Section 230(5) of the Companies Act, 2013 and the said Order dated 11th day of January, 2021, of this Tribunal passed in C.A. (CAA) No. 728/KB/2020, the Petitioners has served notice along wit .....

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..... 11th day of February, 2021. 6. After such due compliance, the Petitioners have made the instant Petition bearing C.P. (CAA) No. 78/KB/2021 connected with C.A. (CAA) No. 728/KB/2020, before this Tribunal, among other things, seeking final sanction to the proposed Scheme of Amalgamation. Heard the Ld. Authorised Representative for the Petitioners and perused the documents submitted by the Petitio .....

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..... with the Chief Commissioner of Income Tax with Permanent Account Number (PAN) of the Petitioners and; (e) Such other relevant and sectoral regulators/authorities, if applicable, which are likely to be affected by the proposed Scheme by sending the same by hand delivery through special messenger or by Registered Post or by Speed Post and by e-mail, both within 7(Seven) days from the date of this .....

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..... connected with C.A. (CAA) No. 728/KB/2020 is fixed for hearing on 13.09.2021. (vii) The Petitioners may also file their rejoinder affidavits dealing with objections/suggestions, if any, of the Authorities within 2 (Two) days before the next date of hearing. (viii) Certified copy of the order may be issued, if applied for, upon compliance with all the requisite formalities.
Case laws, Decis .....

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