Held the applicant dispensed with the convening of meetings of equity shareholders, secured creditors, and unsecured creditors for approving a scheme of amalgamation due to unanimous consents obtained.
Meeting of shareholders and creditors for approving the amalgamation scheme was 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 SUMMONS FOR DIRECTION NO 17 OF 2013
In the matter of Companies Act,1956
AND
In the matter of Section 391 & 394 of Companies Act, 1956;
AND
In the matter of Scheme of Amalgamation
OF
Abhinandan Gems Private Limited,
AND
Bright Diamonds Private Limited
AND
Crown Gems Private Limited
AND
Dhadda Exports Private Limited
WITH
Dhadda Diamonds Private Limited -
Bright Diamonds Private Limited, a Company }
Incorporated under the provisions of Companies }
Act, 1956 having its registered office at 1208, }
Panchratnamama, Parmanand Marg, Opera House, }
Mumbai, Maharashtra-400 004. } …………Applicant Called for Summons for Direction
Mr. Hemant Sethi i/b. Hemant Sethi & Co., Advocate for the Applicant
Coram: N.M. Jamdar, J.
Date: 18th January, 2013
2
MINUTES OF ORDER
UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Hemant Sethi instructed by Hemant Sethi & Co., Advocates for the Applicant Company, AND UPON READING the affidavit dated 30TH October, 2012 of Mr. Dilip Devendra Kochar, Authorised Signatory of the Applicant Company, in support of the Summons for Direction and the Exhibits therein referred to, IT IS ORDERED:-
(N.M. Jamdar, J)
1 provisions across 1 enactments
Dhadda Diamonds Private Limited
N.M. Jamdar
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
