Bjr Finance Pvt. Ltd. v. Bjr Finance P.Ltd.and Balkrishna Rathi Finance P.Ltd.
Case brief
What is this about?
The High Court of Bombay, Bombay Bench, in a company petition regarding a scheme of amalgamation, set aside objections from the Regional Director and Official Liquidator. The petition was made absolute to facilitate the amalgamation of BJR Finance Private Limited and Balkrishna Rathi Finance Private Limited under Sections 391 and 394 of the Companies Act, 1956.
What did the court decide?
Company Petition made absolute; costs of Rs.2,500/- each to Regional Director and Official Liquidator.