M/S.Trigeo Technologies Pvrt.Ltd. v. -

HON'BLE SRI JUSTICE C.V.NAGARJUNA REDDY COMPANY APPLICATION No.649 of 2015 Date:07.04.2015 M/s Trigeo Technologies Private Limited, Hyderabad, reptd by its DirectorSunitha Vemulapalli ..... Applicant Counsel for the applicant: Sri V.S.Raju The Court made the following:

ORDER:

This Company Application is filed by M/s Trigeo Technologies Private Limited ("Transferee Company") for dispensing with the holding of meeting of its equity share holders. The applicant pleaded that it was incorporated under the Companies Act, 1956 on 05.12.1995 under the name and style "M/s Trigeo Image Systems Private Limited"; that subsequently, its name was changed as "M/s Trigeo Technologies Private Limited"; that its main objects inter alia are to carry on the business of engaging in the business of Computer Aided Design, Computer Aided Manufacture, drafting conversion of drawings or any other data or information of any type including Geographical, Aerial,

space civil, mechanical, electrical or any other engineering structures or equipment or machinery or erections into the output format either manually or using computers, etc; that its authorized share capital is Rs.71 lakhs divided into 7,10,000 equity shares of Rs.10/- each; that its issued, subscribed and paid up capital is Rs.46,30,890/- divided into 4,63,089 equity shares of Rs.10/- each; that through the Board Resolution, dated 23.02.2015, (Annexure-A7) its Board of Directors has resolved to amalgamate the applicant Company with M/s VASR Consultants and Financial Advisers Private Limited (transferor company); and that the appointed date is 01.04.2015.

The applicant has averred that it has four shareholders and all of them have given their consent affidavits, filed as AnnexureA6 (pages-104 to 108). In the light of the above facts pleaded by the applicant, supported by the documentary evidence, this Court is of the opinion that no purpose will be served by directing holding of meeting of the shareholders of the applicant-company for discussing the proposed scheme of amalgamation. The Company Application is, accordingly, ordered. ____________________________ JUSTICE C.V.NAGARJUNA REDDY 07th April, 2015 DR