9911796707
TMI Blog2021 (8) TMI 1055X X X X Extracts X X X X X X X X Extracts X X X X ..... Maroti, FCAs and Aisha Amin, Advocate ORDER DECISION Rajasekhar V.K., Member (J) 1. 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 for amalgamation of EURASIA PUBLISHING HOUSE PRIVATE LIMITED being the Applicant No. 2 above named ( Transferor Company or Applicant No. 2 ) with CHHAYA PRAKASHANI LIMITED, being the Applicant No. 1 above named ( Transferee Company or Applicant No. 1 ) whereby and where under the Transferor Companies are proposed to be amalgamated with the Transferee Company ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... QUITY SHAREHOLDERS : 2 as on 20th February, 2021 Number of PREFERENCE SHAREHOLDERS : NIL Number of SECURED CREDITORS : 1 as on 20th February, 2021 Number of UNSECURED CREDITORS : 2 as on 20th February, 2021 6. It is further submitted that all Equity Shareholders of the Applicant Companies have already given their consent to the Scheme by way of affidavits which are annexed to the application. 7. It is further submitted that Secured Creditors of Applicant No. 2 have been paid subsequent to the filing of Company Application and the account closure and no dues certificate issued by the Secured Creditor have been annexed to the Interlocutory Application. 8. It is further submitted that Unsecured Creditors of Applicant N ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ectively given their consent to the Scheme by way of affidavits. Meeting of Unsecured Creditor of Applicant No. 2 for considering the Scheme are dispensed with in view consent by 100% in value of Unsecured Creditors of Applicant No. 2 having respectively given their consent to the Scheme by way of affidavits. b. No requirement of Meetings Secured Creditors of Applicant No. 1 NIL Creditors verified by auditors certificate. Secured Creditors of Applicant No. 2 have being fully paid of subsequent to the filing of Company application. c. Meetings to be held No meeting is required to be held. 13. Notice under Section 230(5) of the Companies Act, 2013 along with all accompanying documents, including a copy of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
