9911796707
TMI Blog2015 (3) TMI 1399X X X X Extracts X X X X X X X X Extracts X X X X ..... 4 And 185/2014 - - X X X X Extracts X X X X X X X X Extracts X X X X ..... Nos.1341, 1342, 1343 and 1344 of 2014 respectively. This Court by the separate orders dated 24.07.2014 dispensed the convening of the meeting and permitted filing of these petitions. The petitioners are accordingly before this Court in these petitions. 3. On these petitions being filed, notice was directed to the Regional Director in respect of all the companies, while notice was also directed to ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , 559, 560 of 2014, reporting the said fact to this Court and submitting that the said scheme be sanctioned and as a result, the said three Transferor companies be ordered to be dissolved without the order of winding up. 5. The Regional Director has authorized the Registrar of Companies and in that light, the Registrar of Companies has examined the Scheme and has filed the affidavit dated 18.12.2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... with RBI. The communication dated 10.03.2015 is produced as Annexure-2 to the affidavit whereunder the RBI has issued in-principle approval to the Scheme of Amalgamation. The learned counsel for the Regional Director would submit that the same satisfies the requirement. 6. Thus a perusal of the papers would indicate that on consideration of the scheme the competent authorities though have raised ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... to be granted. In the result, the following: ORDER (i) Co.P.Nos.182/2014, 183/2014, 184/2014 and 185/2014 are allowed. (ii) The Scheme of Amalgamation at Annexure-A is sanctioned so as to bind the shareholders, members and creditors of the Transferor and Transferee companies. (iii) The Transferor companies named above shall stand dissolved without the process of winding up. (iv) A copy of thi ..... X X X X Extracts X X X X X X X X Extracts X X X X
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