Hanumesh Realtors Private Limited Vs
Case brief
What is this about?
The Court dispensed with the meeting of equity shareholders and unsecured creditors for a Scheme of Arrangement under the Companies Act, 1956, due to provision of written consents by all concerned parties.
What did the court decide?
Dispensing with the meeting of equity shareholders and unsecured creditors for the proposed Scheme of Arrangement.
What the court decided
A compact analysis
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.
IN THE HIGH COURT OF JUDICATURE AT MUMBAI
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SUMMONS FOR DIRECTION NO.176 OF 2012
In the matter of Companies Act, 1956 And In the matter of Section 391 to 394 of the Companies Act,1956 And In the matter of Scheme of Arrangement Between Hanumesh Realtors Private Limited (“the Transferor Company) And Hanumesh Investments Private Limited (formerly known as Ramchandra Developers Pvt. Ltd.) (“the Transferee Company) And Their respective Shareholders.
Hanumesh Realtors Private Limited ) a Company Incorporated under the ) provision of the Companies Act , 1956 ) and having its registered office at Padam ) 1, Flat No.17, Peddar Road, ) Mumbai-400017. ) …APPLICANT/TRANSFEROR COMPANY
1
Called Summons for direction
CORAM: S. J. KATHAWALLA J
Dated: 22nd March, 2012
Mrs. Madhuri Gaikwad, Advocate for Applicant Company
MINUTES OF THE ORDER
Issues for consideration
1 issue framed by the court
Whether the meeting of equity and unsecured shareholders/creditors is dispensed with where written consents are filed.
Parties & counsel
- applicant
Hanumesh Realtors Private Limited
Coram
S. J. Kathawalla
Case details
As recorded by the court registry
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