Colal Apparels Private Limited Vs
Case brief
What is this about?
The High Court of Bombay allowed three petitions for a Scheme of Amalgamation involving Colal Apparels, Intellipack Solutions, and Zenext Advisors with Gujarat Nippon International. The Court held the scheme was fair, reasonable, and non-prejudicial, making the petitions absolute and directing statutory filings.
What did the court decide?
Petitions allowed; scheme made absolute; directions for stamp duty adjudication and filing with Registrar of Companies.
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.
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SCHEME PETITION NO 417 OF 2012
CONNECTED WITH
COMPANYSUMMONS FOR DIRECTION NO. 293 OF 2012
Colal Apparels Private Limited…...Petitioner/First Amalgamating Company
AND
COMPANY SCHEME PETITION NO 418 OF 2012
CONNECTED WITH
COMPANYSUMMONS FOR DIRECTION NO. 294 OF 2012
Intellipack Solutions Private Limited ….Petitioner/Second Amalgamating
Company
Issues for consideration
1 issue framed by the court
Whether the sanction of the Court under Sections 391 to 394 of the Companies Act, 1956 can be granted to a Scheme of Amalgamation where statutory compliances are fulfilled and no opposition is raised.
Parties & counsel
- petitioner
Colal Apparels Private Limited
- petitioner
Intellipack Solutions Private Limited
- petitioner
Zenext Advisors Private Limited
- respondent
Gujarat Nippon International Private Limited
Coram
Case details
As recorded by the court registry
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