Grover Vineyards Limited Vs
Case brief
What is this about?
COURT OF JUDICATURE AT BOMBAY ORDINARY…
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 BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SUMMONS FOR DIRECTION NO. 92 OF 2013
IN THE MATTER OF COMPANIES ACT, 1956
AND
IN THE MATTER OF SECTION 391 & 394 OF THE COMPANIES ACT, 1956;
AND
IN THE MATTER OF SCHEME OF AMALGAMATION OF VALLEE DE VIN PRIVATE LIMITED WITH GROVER VINEYARDS LIMITED AND THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS
Grover Vineyards Limited, a company } incorporated under the provisions of the } Companies Act, 1956 having its registered } office at Anand Bhavan , 348 D.N. Road, } 1st Floor, Siddharth College Bldg, } Fort, Mumbai - 400001 } ….APPLICANT
Called for Summons for Direction
Mr. Nayan Rawal, Advocate for the Applicant
Coram: N.M. JAMDAR. J
Issues for consideration
3 issues framed by the court
Whether the convening of meetings for shareholders and creditors for approving a scheme of amalgamation is dispensed with when consents are annexed and notice undertakings are given.
Whether undertaking by applicant to notify secured and unsecured creditors by registered post and published local newspapers satisfies the requirement to convene creditor meetings.
Whether while scheme of amalgamation requires convening of equity, preference, secured and unsecured meetings, dispensing with their convening is permissible if notices and consents are guaranteed.
Parties & counsel
- applicant
Grover Vineyards Limited
Coram
N.M. JAMDMAR
Case details
As recorded by the court registry
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