Elder Builders Pvt. Ltd. v. -
Case brief
What is this about?
Court dispensed with the requirement to convene meetings of equity and unsecured shareholders/creditors for the proposed scheme of amalgamation as their consent was already evidenced by exhibits.
What did the court decide?
Meeting of equity shareholders and unsecured creditors dispensed with due to consent proven in annexed exhibits.
What the court decided
1
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SUMMONS FOR DIRECTION NO 778 OF 2015
In the matter of the Companies Act, 1956 (1 of 1956);
and
In the matter of Sections 391 to 394 of the Companies Act, 1956;
and
In the matter of Scheme of Amalgamation of Golden Ark Real Estates Private Limited and New India TransTrade Limited with Elder Builders Private Limited and their respective shareholders
| Elder Builders Private Limited, | ) |
|---|---|
| a company Incorporated under | ) |
| the provisions of Companies Act, 1956 having | ) |
| its Registered Office at E/704, Mahavir Darshan | ) |
| Charkop Sector No 2, Near Charkop Police Station, | ) |
| Kandivali (West), Mumbai 400067, Maharashtra | ) |
...Applicant Company
Called Summons for Direction for hearing
Parties & counsel
- applicant
Elder Builders Private Limited
Coram
S. C. Gupte
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court