High Court at Bombay allowed an application by India Capital Advisors Private Limited to amend a Scheme of Arrangement to include property details required for registration, noting the Regional Director's objection was withdrawn.
Application allowed in terms of prayer clauses (a) and (b) to amend the Scheme of Arrangement.
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.
ca-102.13.doc
ppn 1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY APPLICATION NO.102 OF 2013 IN COMPANY PETITION NO.305 OF 2010
India Capital Advisors Private Limited .. Applicant Company
Mr. Hemant Sethi i/by M/s. Hemant Sethi & Co. for the applicant. Ms. Purnima Awasthi, Regional Director.
CORAM : N.M. JAMDAR, J. DATE : 9 JULY 2013
P.C. :
. This application is taken out for modification of the Scheme of Arrangement between Alia Creative Consultants Private Limited (“the Demerged Company”) and India Capital Advisors Private Limited (“the Resulting Company”) as per the draft amendment Exhibit “A” annexed to the application.
ca-102.13.doc
ppn 2
for amendment, it appears that the amendment is only for the purpose of enabling the registration of the property.
N.M. JAMDAR, J.
1 issue framed by the court
Whether to allow the amendment to the Scheme of Arrangement to include specific details of property for registration purposes.
India Capital Advisors Private Limited
Ms. Purnima Awasthi
N.M. JAMDAR
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
