In CP.No.154 of 2012, the transferee company has pleaded that it was incorporated on 27.11.1986, that its authorized share capital is Rs.26,73,00,000/- divided into 2,67,30,000 equity shares of Rs.10/- each and Issued, Subscribed and paid-up Share Capital is Rs.5,93,36,730/- divided into 59,33,673 Equity Shares of Rs.10/each. That its main objects are to acquire, establish, promote, run, manage, lease and otherwise carry on the business of hotel, restaurants, café tavern, rest houses, tea and coffee houses, beer houses, bars, flight caterers, loading housekeepers refreshment rooms, night club, cabaret, swimming pools, Turkish baths and lodging or apartment housekeepers, cottages, dairyment, confectioners, bakers, grocers, poulterers, green grocers, licensed victuallers, wine, beer and spirit merchants, brewers, distillers, tobacco and cigar merchants. To carry on the business of importers, exporters, manufacturers and distributors of aerated, mineral and artificial waters and other drinks, surveyors, caterers for the public generally, carriage, taxi, motor cars and motor lorry proprietors, Ice & Fruit merchants, importers and brokers of food, live and dead stock and foreign products of all descriptions. That its Board of Directors in the meeting held on 25.02.2012 has
