Court dispensed with convening meetings of equity shareholders and creditors for Scheme of Amalgamation, given written consent of all shareholders and absence of creditors.
Meeting of equity shareholders and creditors to be dispensed with.
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 APPLICATION NO.306 OF 2009
In the matter of Sections 391 and 394 of the Companies Act, 1956; (1 of 1956) And
In the matter of Scheme of Amalgamation of The National Art Silk Mills Private Limited, Chinai Investment & Trading Private Limited and Everest Shipping Company Private Limited with Piramal Sons Private Limited
Chinai Investment & Trading Private Limited ) a Company incorporated under the Companies ) Act, 1956 and having its Registered office at ) 1004, Embassy Centre, 207, Nariman Point, ) Mumbai 400 021, ) … Applicant
Called Out Summons For Directions
CORAM: S.J. VAZIFDAR J
DATE 6th March 2009
Ms. Alpana Ghone i/b Kanga and Company for the Applicant
MINUTES OF ORDER
2
Upon the application of the Applicant Company abovenamed by a Summons for Directions AND UPON HEARING Ms. Alpana Ghone instructed by Kanga and Company, Advocate for the Applicant Company, AND UPON READING the Affidavit dated 6th day of February 2009 of Mr. Samir M. Chinai, Director of the Applicant Company, in Support of the Summons for Directions IT IS ORDERED:-
3
COMPANY JUDGE
2 issues framed by the court
Whether to dispense with召开了 the meeting of equity shareholders for approval of the Scheme of Amalgamation.
Whether to dispense with the convening of meetings of secured and unsecured creditors.
1 provisions across 1 enactments
Chinai Investment & Trading Private Limited
S.J. VAZIFDAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
