Ambar Impex Private Limited Vs ------------------------------------------

UPON THE APPLICATION of the abovenamed Applicant Company by a Summons for Directions AND UPON HEARING Mr. Mihir B. Kamdar instructed by Udwadia & Udeshi Advocate(s) for the Applicant Company AND UPON READING the Affidavit dated 7^th January, 2009 of Mr. Madhav Maneklal, Director of the Applicant Company in support of Summons for Direction AND the Applicant Company having passed a Special Resolution at the Extra Ordinary General Meeting of the Equity Shareholders of the Applicant Company held on 28^th November, 2008 and in view of the averments made in paragraphs 12 and 13 of the said Affidavit that the reduction of share capital does not involve either

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1

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diminution of any liabilities in respect of unpaid share capital or payment to any shareholder of any paid up share capital of the Applicant Company, the provisions of and the procedure prescribed under Section 101(2) of the Companies Act, 1956 is not applicable and the same is hereby dispensed with.

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Company Judge

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2

Ambar Impex Private Limited v. ------------------------------------------

Case brief

What is this about?

What did the court decide?

Ambar Impex Private Limited v. ------------------------------------------

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Issues for consideration

Statutes considered

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Coram

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