The court disposed of three connected company scheme petitions filed by nominee petitioners under Sections 391 to 394 read with Sections 100 to 104 of the Companies Act, 1956. The petitions sought direction for amalgamation schemes and were withdrawn with liberty to file fresh petitions.
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907-CSP-687-2014
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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SCHEME PETITION NO. 687 OF 2014
CONNECTED WITH
COMPANY SUMMONS FOR DIRECTION NO. 591 OF 2013
In the matter of the Companies Act,
1956
And
In the matter of Sections 391 to 394 read with Sections 100 to 104 of the Companies Act, 1956 ;
And
In the matter of Essar Infrastructure Services Limited ('EISL' of 'First Transferor Company') And
In the matter of Composite Scheme of Arrangement and Amalgamation between Essar Teleholdings Limited ('ETHL' or 'Demerged Company') And
Essar Infrastructure Services Limited And
('EISL' of 'First Transferor Company') And
Global Commodities Trading Limited ('GCTL' or 'Second Transferor Company')
Nitin 2 907-CSP-687-2014 And Essar Cements Limited ('ECL' or 'Third Transferor Company') And Imperial Consultants and Securities Private Limited ('ICSPL' or 'Transferee Company' or 'Resulting Company') And Their respective shareholders and creditors. Essar Infrastructure Services Limited … Petitioner
Essar Infrastructure Services Limited
ALONG WITH
COMPANY SCHEME PETITION NO. 688 OF 2014
CONNECTED WITH
COMPANY SUMMONS FOR DIRECTION NO. 592 OF 2013
In the matter of the Companies Act, 1956 And In the matter of Sections 391 to 394 read with Sections 100 to 104 of the Companies Act, 1956 ; And In the matter of Global Commodities Trading Limited ('GCTL' or 'Second Transferor Company') And In the matter of Composite Scheme
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3 907-CSP-687-2014 of Arrangement and Amalgamation between Essar Teleholdings Limited ('ETHL' or 'Demerged Company') And Essar Infrastructure Services Limited ('EISL' of 'First Transferor Company') And Global Commodities Trading Limited ('GCTL' or 'Second Transferor Company') And Essar Cements Limited ('ECL' or 'Third Transferor Company') And Imperial Consultants and Securities Private Limited ('ICSPL' or 'Transferee Company' or 'Resulting Company') And Their respective shareholders and creditors.
Global Commodities Trading Limited … Petitioner
ALONG WITH
COMPANY SCHEME PETITION NO. 689 OF 2014 CONNECTED WITH COMPANY SUMMONS FOR DIRECTION NO. 593 OF 2013
In the matter of the Companies Act, 1956
907-CSP-687-2014
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And
In the matter of Sections 391 to 394 read with Sections 100 to 104 of the Companies Act, 1956 ; And
In the matter of Essar Cements Limited ('ECL' or 'Third Transferor Company')
And
In the matter of Composite Scheme of Arrangement and Amalgamation between Essar Infrastructure Services Limited ('EISL' of 'First Transferor Company')
And
Global Commodities Trading Limited ('GCTL' or 'Second Transferor Company') And
Essar Cements Limited ('ECL' or 'Third Transferor Company') And Essar Teleholdings Limited ('ETHL' or 'Demerged Company') And Imperial Consultants and Securities Private Limited ('ICSPL' or 'Transferee Company' or 'Resulting
Nitin 5 907-CSP-687-2014 Company') And Their respective shareholders and creditors. Essar Cements Limited … Petitioner
Ms. Cinthiya i/b. Rajani Associates for the Petitioners in the above Petitions.
CORAM : S.J. KATHAWALLA, J. DATED : 14TH JANUARY, 2015
P.C.
The learned Advocate appearing for the Petitioners on
instructions seeks to withdraw the above Petitions with liberty to file fresh
Petitions, if so advised. The above Petitions are disposed of as withdrawn
with liberty as sought.
(S.J. KATHAWALLA, J.)
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essar infrastructure services limited
global commodities trading limited
essar cements limited
s.j. kathawalla
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
