The Bombay High Court allowed a company petition regarding the sanctioning of an amalgamation scheme of TNPTC with the Transferee Company.
Scheme of amalgamation of Transferor company with Transferee company sanctioned in terms of prayer (a) to (h).
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
:1:
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY PETITION NO. 511 OF 2004
CONNECTED WITH
COMPANY APPLICATION NO.165 OF 2004
. In the matter of companies
Act-I of 1956
AND
. In the matter of scheme of
amalgamation of SN FINANCE PRIVATE
LIMITED, HARINARAYAAN FINANCE PRIVATE
LIMITED AND NARAYANDAS RATHI FINANCE
PRIVATE LIMITED WITH NJR FINANCE
PRIVATE LIMITED
NJR 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
:2:
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 provisions across 1 enactments
NJR FINANCE PRIVATE LIMITED
Regional Director, Department of Company Affairs
S.U. KAMDAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court