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TMI Blog2021 (8) TMI 1195X X X X Extracts X X X X X X X X Extracts X X X X ..... anies have also issued respective Certificates by inter-alia certifying the details of shareholders, creditors, and compliance of accounting treatment as prescribed U/s 133 of the Companies Act, 2013 with reference to the Scheme in question. The Applicant Companies have disclosed all the material facts relating to the Scheme in question and filed necessary documents along with the Application. Various directions with regard to holding, convening and dispensation with various meetings issued - directions with regard to issuance of various notices issued - the scheme is approved - application allowed. X X X X Extracts X X X X X X X X Extracts X X X X ..... as on 08.01.2021, viz., Mr. Nithin Kamath holding 5,05,000 Equity Shares and Ms. Seema Patil holding 5,05,000 Equity Shares. Accordingly, Ms. Seema Patil, has filed an Affidavit dated 06.02.2021 by inter alia stating that she is Equity Shareholder holding 5,05,000 Equity Shares in the Transferor Company and has no objection for the dispensation of the meeting of the Equity Shareholders. Similarly, another Equity Shareholder has also filed its Affidavit with similar declaration for the proposed Scheme of Arrangement. (3) M/s. BOCo LLP, Chartered Accountants, have issued Certificates dated 08.01.2021 by certifying that there are no Secured and Unsecured Creditors in Transferor Company. (4) M/s. Zerodha Broking Limited (hereinafter referr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... of the Equity Shareholders. Similarly, other 06 (Six) Equity Shareholder has also filed their Affidavits with similar declaration for the proposed Scheme of Arrangement. (6) M/s. BOCo LLP, Chartered Accountants, have issued a Certificate dated 08.01.2021 by certifying that there are 19 (Nineteen) Unsecured Creditors in Transferee Company as on 07.01.2021 viz., M/s. Zerodha Securities Private Limited due amounting to ₹ 17,14,93,730/-, M/s. Zerodha Technology Private Limited due amounting to ₹ 12,93,96,315/-, M/s. Streak AI Technologies Private Limited due amounting to ₹ 34,55,143/- etc. Accordingly, Mr. Pawan Kumar Tripathi, Authorised Representative of M/s. Zerodha Securities Private Limited has filed an affidavit dated ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gations, proceedings are pending against the Applicant Companies under the provisions of Section 206 to 229 or any other provisions of the Companies Act, 2013 or the provisions of the Companies Act, 1956. 3. Heard Shri P. Chinnappa, learned counsel for the Applicant Companies. We have carefully perused the pleadings of the Party and extant provisions of the Companies Act, 2013 and the Rules made thereunder and the Law on the issue. 4. Shri P. Chinnappa, learned Counsel for the Applicant Companies, while pointing out various averments made in the Company Application, has further submitted that the Scheme in question is made in the best interests of the Applicant Companies, and their respective Shareholders & Creditors. He has pointed out t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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