Disposed

Vedanta Limited Formerly Knows as Sterlite Industries (I) Ltd. v. National Securities Depositories Ltd.

Bombay HC26 Apr 2024CA/2/2024

Case brief

AI extract

What is this about?

Company application sought amendment of papers to substitute Vedanta Limited (formerly Sterlite Industries) following a sanctioned scheme of amalgamation and issuance of a fresh certificate of incorporation. The court allowed the application in terms of prayer clause (a), directed the amendment be carried out and served within stipulated periods, and disposed it.

What the court decided

AI extract

Vedanta Limited Formerly Knows as Sterlite Industries… — Company and Corporate | Bombay HC (2024)

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4-CA-771-2008-CA-2-2024.doc

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IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION

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COMPANY APPLICATION NO.2 OF 2024 IN COMPANY APPLICATION NO.771 OF 2008 IN COMPANY PETITION NO. 203 OF 2022

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VEDANTA LIMITED FORMERLY KNOWN AS ) STERLITE INDUSTRIES (I) LTD. )...APPLICANT

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IN THE MATTER BETWEEN

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M/S.STERLITE INDUSTRIES (INDIA) LTD. )...APPLICANT

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V/s.

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NATIONAL SECURITIES DEPOSITORY LTD. )...RESPONDENT

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Mr.Abhishek Khare a/w. Mr.R.P.Shirole i/by M/s.Dua Associates, Advocate for the Applicant. None for the Respondent.

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CORAM : ABHAY AHUJA, J. DATE : 12^th APRIL 2024

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P.C. :

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This Company Application seeks substitution of the Applicant in

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view of issuance of the Fresh Certificate of Incorporation in view of the scheme sanctioned by the Bombay High Court, Goa Bench and the Madras High Court vide orders dated 3^rd April 2013 and 25^th July 2013, pursuant to which the Applicant had merged with Sesa Goa Limited.

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ARTI VILAS KHATATE Digitally signed by ARTI VILAS KHATATE Date: 2024.04.13 13:55:20 +0530

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4-CA-771-2008-CA-2-2024.doc

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MrKhare, learned Counsel, appears for the Applicant and submits

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that since the Application for amendment is pursuant to a scheme sanctioned by the High Courts and pursuant to issuance of the Fresh Certificate of incorporation, this Court grant the Application.

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Having heard the learned Counsel and having perused the affidavit in support of the Application, this Court is of the view that the Application be allowed in terms of Prayer clause (a) which reads thus :

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“(a) That this Hon’ble Court be pleased to allow the Applicant to amend the present Company Application, Company Petition and all other papers and proceedings connected with the Company Application as per Schedule annexed hereto.”

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Let the amendment be carried out as per the Schedule within a period of two weeks and the amended Application be served upon the other parties within a period of two weeks thereafter and an affidavit of service be filed by the next date.

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The Application is, accordingly, allowed and stands disposed.

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COMPANY APPLICATION NO.771 OF 2008

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List this Application on 10^th May 2024 .

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(ABHAY AHUJA, J.)

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Vedanta Limited Formerly Knows as Sterlite Industries (I) Ltd. v. National Securities Depositories Ltd.

Case brief

What is this about?

What the court decided

Vedanta Limited Formerly Knows as Sterlite Industries (I) Ltd. v. National Securities Depositories Ltd.

Case brief

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What the court decided

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