Crown Gems Private Limited Vs
Case brief
What is this about?
This order deals with a company summons for direction regarding a proposed scheme of amalgamation. The court dispensed with holding meetings for shareholders, credit, and unsecured creditors due to their existing consents.
What did the court decide?
Meeting of shareholders is dispensed with; meeting of secured creditors does not arise; meeting of unsecured creditors is dispensed with.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SUMMONS FOR DIRECTION NO 18 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
Issues for consideration
1 issue framed by the court
Whether a meeting of shareholders, secured creditors, and unsecured creditors needs to be convened for approving a scheme of amalgamation given existing consents
Parties & counsel
- applicant
Dhadda Diamonds Private Limited
Coram
N.M. Jamdar
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court
Spring Vally Hotel and Restaurant (Dhru Bar and Restaurant), through Mahesh Shivram Putharan Vs State of Maharashtra and Ors.
U.P. State Bridge Corporation Limited Vs Maharashtra State Road Development Corporation Ltd.
Mr. Sadanand S. Shetty Vs Official Liquidator of M/S. Navinon Ltd.
Abhinandan Gems Private Limited Vs