The court dispensed with the convening of shareholder and creditor meetings to approve a scheme of amalgamation, relying on consents annexed to an affidavit filed in support of a summons for direction.
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. 98 OF 2014.
In the matter of the Companies Act, 1 of 1956; AND
In the matter of Sections 391 to 394 of the Companies Act, 1956; AND
In the matter of the Scheme of Amalgamation of Anitya Management Advisory Services Private Limited and Amber Advisory Services Private Limited with Wise Trading and Advisory Private Limited and their respective shareholders.
Anitya Management Advisory ) Services Private Limited, a ) Company incorporated under the ) Companies Act, 1956 and having ) its Registered Office at 1/91, ) Bhaudagi Cross Road, No. 10 ) Kings Circle, Matunga, Mumbai – ) …Applicant Company. 400 019
Called Summons for Direction
Mr. Rajesh Shah with Mr. Chandrakant Mhadeshwar i/b M/s. Rajesh Shah & Co., Advocate for the Applicant
Coram: G.S. Patel, J. Date: 21st February, 2014
MINUTES OF THE ORDER
UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Rajesh Shah instructed by M/s. Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 20th January, 2014, of Mr. Nilesh Sheth Authorised Signatory of the Applicant Company, in support of the Summons for Direction and the Exhibit therein referred to, IT IS ORDERED:-
Page 1 of 3
2
Page 2 of 3
3
Applicant Company, which are annexed as Exhibits “E-1” to “E-3” to the Affidavit in support of Summons for Direction.
Page 3 of 3
Anitya Management Advisory Services Private Limited
G.S. Patel
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
