On an application under Sections 391-394 of the Companies Act, 1956 for a scheme of amalgamation, the court dispensed with the convening of equity shareholders and unsecured creditors meetings.
Directions are given dispensing with the convening of meetings of shareholders and unsecured creditors.
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY APPLICATION NO.209 OF 2009
In the matter of the Companies Act, 1956;
AND
In the matter of Sections 391 to 394 of the Companies Act, 1956;
AND
In the matter of Claridges Infotech Pvt. Ltd (the “Transferor Company”), a company incorporated under the Companies Act, 1956 and having its registered office situated AB 01 / A, Neelam Centre, Hind Cycle Road, Worli, Mumbai – 400 030
AND
In the matter of Scheme of Amalgamation between Amazon Online Pvt. Ltd., Argentum Management Services Pvt. Ltd., Claridges Infotech Pvt. Ltd., Goodluck Millennium Trading & Marketing Pvt. Ltd., Tagg Cybertech Pvt. Ltd. (formerly known as IOL Cybertech Pvt. Ltd), Kohinoor Merchandise Pvt. Ltd., Moksh Infotech Pvt. Ltd., Nebula Software Pvt. Ltd. AND Primier Millennium Trading & Marketing Pvt. Ltd. ( the “Transferor Companies”) AND Kenwood Infotech Pvt. Ltd (the “Transferee Company”) and their respective shareholders and creditors.
Claridges Infotech Pvt. Ltd (the “Transferor } Company”), a company incorporated under } the Companies Act, 1956 and having its } registered office situated at AB 01 / A, } Neelam Centre Industrial Premises, Basement, } Hind Cycle Road, Worli, Mumbai – 400 030. } ...Applicant Company Called Summons for Directions
Coram: S. J. Vazifdar, J
Date: 20th February 2009
Mr. Akshay Vani for Applicant
MINUTES OF THE ORDER
UPON the Application of the Applicant Company above named by a Summons for Directions AND UPON HEARING Mr. Akshay Vani, Advocate for Applicant Company, AND UPON READING the Affidavit dated 7th January 2009 of Mr. Saurabh Sangekar, the Authorised Signatory of the Applicant Company, in support of Summons for Directions, IT IS ORDERED:-
Company Judge
2 issues framed by the court
Whether the convening of meetings of shareholders and creditors can be dispensed with.
Whether consents annexed to the affidavit are sufficient to dispense with meetings under Sections 391 to 394 of the Companies Act, 1956.
1 provisions across 1 enactments
Claridges Infotech Pvt. Ltd
S. J. Vazifdar
As recorded by the court registry
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