M/S Dominion Engineering Private Limited, v. -

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY APPLICATION No.1075 of 2015 Date:06.07.2015 Between:

M/s Dominion Engineering Private Limited, Hyderabad, reptd by its Director-Sudhakar D.Kumbla ..... Applicant Counsel for the applicant: Sri B.S.Shivaji for Sri V.S.Raju The Court made the following:

ORDER:

This Company Application is filed by M/s Dominion Engineering Private Limited ("transferor company") for dispensing with the convening of the meeting of its equity shareholders for considering the scheme of amalgamation.

The applicant pleaded that on 31.03.1979, it was incorporated under the Companies Act, 1956 under the name and style "M/s Malhotra Dominion Contact Lens (India) Private Limited"; that on 29.12.1996, its name was changed as M/s Dominion Engineering Private Limited; that its main objects inter alia are to carry on business in India and elsewhere as manufacturers, buyers, sellers, importers, exporters, dealers and distributors of mechanical, electrical and plastic machinery, of all kinds both hand operated and

electrically operated including plastic moulding, die casting, injection moulding machines and machines for manufacturers of Safety Razors, Safety Razor Blades and plastic based parts thereof and other plastic items and components, machines for manufacture of shaving brush and parts thereof, etc; that its authorized share capital as on 31.03.2014 is Rs.5 lakhs divided into 50,000 equity shares of Rs.10/- each; that its issued, subscribed and paid up capital is Rs.1,00,100/- divided into 10,010 equity shares of Rs.10/- each; and that through the Board Resolution, dated 20.03.2015, its Board of Directors has approved the proposed scheme of amalgamation.

The applicant has further pleaded that it has three shareholders, who have given their consent affidavits and it has no secured and unsecured creditors. The applicant has filed the Board Resolution, dated 20.03.2015 (Annexure-A7), and the consent affidavits given by the shareholders (Annexure-A6). In the light of the above facts pleaded by the applicant and supported by the documentary evidence, no purpose will be served by directing holding of the meetings of the shareholders of the applicant-company. The Company Application is, accordingly, ordered. ____________________________ JUSTICE C.V.NAGARJUNA REDDY 06th July, 2015 DR