The Bombay High Court dismissed three Company Scheme Petitions (Nos. 96, 97, and 98 of 2016) as withdrawn by the transferor companies, who stated they were not interested in proceeding with the amalgamation schemes.
Leave to withdraw the Company Scheme Petitions granted; Petitions dismissed.
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.
8.csp.96.2016.doc
dik
IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION
COMPANY SCHEME PETITITION NO. 96 OF 2016 IN
COMPANY SUMMONS FOR DIRECTIONS NO. 948 OF 2015
Ascent Construction Pvt. Ltd. ...Petitioner/Transferor Co. No.1
WITH
COMPANY SCHEME PETITITION NO. 97 OF 2016 IN COMPANY SUMMONS FOR DIRECTIONS NO. 949 OF 2015
Kaltint Logistics Pvt. Ltd. ...Petitioner/Transferor Co. No.1
WITH
COMPANY SCHEME PETITITION NO. 98 OF 2016 IN COMPANY SUMMONS FOR DIRECTIONS NO. 950 OF 2015
ACME Housing India Pvt. Ltd. ...Petitioner/Transferor Co. No.1
Mr Darshan Asher i/b Sanjay Udeshi & Co. for the Petitioner Mr Anil D. Yadav for the R.D. Mr Mahendhar Aithe, Co-prosecutor for OL present.
CORAM : B. P. COLABAWALLA J.
AUGUST 05, 2016
P.C. :
Learned counsel appearing on behalf of the transferor
and transferee companies state that they are not interested in proceeding with the scheme of amalgamation, and therefore, seek leave to withdraw these Company Scheme Petitions.
8.csp.96.2016.doc
2 In view of the aforesaid statement, these Company
Scheme Petitions are dismissed as withdrawn.
( B. P. COLABAWALLA J. )
Pg 2 of 2
Ascent Construction Pvt. Ltd.
Kaltint Logistics Pvt. Ltd.
ACME Housing India Pvt. Ltd.
B. P. COLABAWALLA
As recorded by the court registry
Judgements on the same questions, provisions and authorities, from every court
