M/S. Macromill Research India Private Limited v. -

HON'BLE SRI JUSTICE A.RAMALINGESWARA RAO COMPANY APPLICATION No.1554 OF 2016

ORDER

This application is filed by the applicant/transferee company to dispense with the convening of the meetings of the equity shareholders and unsecured creditors of the applicant/transferee company. The applicant company was incorporated on 13th October, 2015. M/s.Market Tools Research Private Limited/transferor Company was incorporated on 2nd June, 2004. The Board of Directors of the transferor company and the transferee company, at their respective meetings held on 4th October, 2016, approved the Scheme of Amalgamation with effect from 1st April, 2016, subject to the approval of the shareholders and creditors. The scheme involves amalgamation of the transferor company with the transferee company. Both the transferor company and transferee company are engaged in the similar/complimentary business operations. There are two equity shareholders and two unsecured creditors in the applicant company and they have given their consent letters to the proposed scheme of amalgamation.

In the circumstances, the application to dispense with the convening of the meetings of the equity shareholders and unsecured creditors of the applicant company, is ordered.

__________________________________ JUSTICE A.RAMALINGESWARA RAO 14th November, 2016 rkk