Madhulata Retail Industries Private Limited, v. -

HONOURABLE SRI JUSTICE CHALLA KODANDA RAM COMPANY APPLICATION No.958 OF 2016 ORDER:

This Company Application is filed by Madhulata Retail Industries Private Limited - Second Resulting Company for a direction to dispense with the requirement of holding the meeting of the shareholders of the Applicant/Second Resulting Company. It is submitted by the learned counsel for the applicant that there are two shareholders of the applicant company and the entire shares of the company are held by them.

As can be seen from the certificate issued by the Company Secretary M/s.P.S. Rao and Associates marked as Annexure-G, there are only two share holders holding the entire shares. Like wise both the share holders have filed their consent affidavits marked as Annexure-H-1 and H-2. As per the certificate of the Chartered Accountant, they do not have any secured or unsecured creditors as on 17.06.2016.

Accordingly, the share holders meeting is dispensed with. Accordingly, the company application is allowed. ____________________________ CHALLA KODANDA RAM,J Date:18.07.2016.

Gk.

HON'BLE SRI JUSTICE CHALLA KODANDA RAM

COMPANY APPLICATION No.958 OF 2016 Date:18.07.2016.

Gk.