This court allowed the petitioner company's petition to approve the sanctioned scheme of amalgamation with the transferor company and directed the petitioner to pay costs to the respondent.
Petition allowed; scheme of amalgamation approved under prayers (a)-(h); costs of Rs.2,500 to Regional Director.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO.502 OF 2004
CONNECTED WITH
COMPANY APPLICATION NO.159 OF 2004
. In the matter of companies
Act-I of 1956
AND
. In the matter of scheme of
amalgamation of BJR FINANCE PRIVATE
LIMITED AND BALKRISHNA RATHI FINANCE
PRIVATE LIMITED
BALKRISHNA RATHI FINANCE PRIVATE LIMITED
..... Petitioner
Shri Rishabh Shah i/b. Crawford Bayley and Co. for
the petitioner.
Shri C.J. Roy with R.C. Master and M.M. Goswami,
panel counsel i/b. T.C. Kaushik for Regional
Director, Department of Company Affairs, Maharashtra,
Mumbai.
CORAM: S.U. KAMDAR, J.
DATE : 11TH FEBRUARY, 2005.
P.C. :
1. In view of the fact that this court has already
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sanctioned scheme of amalgamation of the Transferor
company with the Transferee company, this petition by
the Transferee Company is allowed in terms of prayer
(a) to (h).
2. The petitioner would pay costs of Rs.2,500/- to
the Regional Director.
**********
1 issue framed by the court
Whether to allow the scheme of amalgamation of the transferee company.
1 provisions across 1 enactments
BALKRISHNA RATHI FINANCE PRIVATE LIMITED
Regional Director, Department of Company Affairs, Maharashtra, Mumbai
S.U. KAMDAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court