In the Matter of Superior Packagings Private Limited & Anr. Vs
Case brief
What is this about?
Court transferred a petition for sanction of scheme of amalgamation under the Companies Act, 1956 to the Principal Bench of the National Commission Law Tribunal, New Delhi, in light of a government notification.
What the court decided
$~53
- IN THE HIGH COURT OF DELHI AT NEW DELHI
- CO.PET. 473/2016 & CO.APPL.3822/2016
IN THE MATTER OF SUPERIOR PACKAGINGS PRIVATE LIMITED & ANR. ..... Petitioners Through: None
CORAM:
HON'BLE MR. JUSTICE SIDDHARTH MRIDUL O R D E R
%
13.01.2017
Although none appears on behalf of the petitioner, in terms of the notification Regd. No.D.L.-33004/99 dated 07.12.2016, issued by the Ministry of Corporate Affairs and in particular, Clause 3 thereof, the present petition under Sections 391(1) to 394 read with Section 100 of the Companies Act, 1956, seeking sanction of the scheme of amalgamation/merger, stands transferred to the Principal Bench, National Company Law Tribunal, New Delhi (hereinafter referred to as ‘NCLT’).
In the first instance, list this matter before the Principal Bench, NCLT on 14.03.2017 for further proceedings, in accordance with law.
Issues for consideration
1 issue framed by the court
Whether the petition for sanction of scheme of amalgamation under Sections 391-394 and Section 100 of the Companies Act, 1956 should be transferred to the Principal Bench of the NCLT for proceeding.
Parties & counsel
- petitioner
Superior Packagings Private Limited
Coram
Siddharth Mridul
Case details
As recorded by the court registry
Similar cases
Judgements on the same questions, provisions and authorities, from every court