9911796707
TMI Blog2021 (8) TMI 389X X X X Extracts X X X X X X X X Extracts X X X X ..... ) 1. The court convened video conference today. 2. The instant application has been filed in the first stage of the proceedings under Section 230(1) read with Section 232(1) of the Companies Act, 2013 ( Act ) for orders and directions with regard to meetings of shareholders and creditors in connection with the Scheme of Amalgamation of Ambe Commotrade Private Limited (Applicant No. 1), Ambey Apartment Private Limited (Applicant No. 2), Ambey Complex Private Limited (Applicant No. 3), Ambey Hirise Private Limited (Applicant No. 4), Ambey Infratech Private Limited (Applicant No. 5), Ambey Plaza Private Limited (Applicant No. 6), Ambey Towers Private Limited (Applicant No. 7), Aryavrat Apartment Private Limited (Applicant No. 8), Aryavra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nil Unsecured Creditors. Applicant No. 4: 7 Equity Shareholders, NIL Secured Creditors and NIL Unsecured Creditors. Applicant No. 5: 8 Equity Shareholders, NIL Secured Creditors and NIL Unsecured Creditors. Applicant No. 6: 7 Equity Shareholders, NIL Secured Creditors and 3 Unsecured Creditors having value of ₹ 17,37,166/-. Applicant No. 7: 7 Equity Shareholders, NIL Secured Creditors and 3 Unsecured Creditors having value of ₹ 17,80,211/-. Applicant No. 8: 5 Equity Shareholders, NIL Secured Creditors and 3 Unsecured Creditors having value of ₹ 16,50,179/-. Applicant No. 9: 5 Equity Shareholders, NIL Secured Creditors and 3 Unsecured Creditors having value of ₹ 17,29,967/-. Applica ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o ₹ 19,91,452/-) of the Applicant No. 2, all Equity Shareholders of the Applicant No. 3, all Equity Shareholders of the Applicant No. 4 and all Equity Shareholders of the Applicant No. 5, all Equity Shareholders and 100 percent in value of the Unsecured Creditors (amounting to ₹ 17,15,395/-) of the Applicant No. 6, all Equity Shareholders and 100 percent in value of the Unsecured Creditors (amounting to ₹ 17,57,089/-) of the Applicant No. 7, all Equity Shareholders and 100 percent in value of the Unsecured Creditors (amounting to ₹ 16,27,784/-) of the Applicant No. 8, all Equity Shareholders and 100 percent in value of the Unsecured Creditors (amounting to ₹ 17,06,915/-) of the Applicant No. 9, all Equity Share ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... submissions made on behalf of the Applicant(s), we allow the instant application and make the following orders:- (a) Meeting dispensed: Meetings of the Equity Shareholders and Unsecured Creditors of the Applicant No. 1, Applicant No. 2, Applicant No. 6, Applicant No. 7, Applicant No. 8, Applicant No. 9, Applicant No. 10, Applicant No. 11, Applicant No. 12, Applicant No. 14, Applicant No. 15 and Applicant No. 20 and Meetings of the Equity Shareholders Applicant No. 3, Applicant No. 4, Applicant No. 5, Applicant No. 13, Applicant No. 16, Applicant No. 17, Applicant No. 18 and Applicant No. 19 are dispensed with under Section 230(1) read with Section 232(1)] of the Act. (b) Meetings to be held: No meeting to be held. (c) No ..... X X X X Extracts X X X X X X X X Extracts X X X X
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