Fortress Mercantile Private Limited v. 0
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 213 OF 2015 In the matter of the Companies Act, 1956 (1 of 1956) (or re-enactment thereof upon effectiveness of Companies Act, 2013);
AND In the matter of Sections 391 to 394 of the Companies Act, (or any corresponding provisions of Companies Act, 2013 as may be notified);
AND In the matter of Scheme of Amalgamation between Wellman Advisory Services Private Limited (Transferor Company ) and Fortress Mercantile Private Limited (Transferee Company) and their respective Shareholders Fortress Mercantile Private Limited, a Company incorporated under the provisions of the Companies Act, 1956 and having its registered office at E/704 Mahavir Darshan Charkop Sector No 2, Near Charkop Police Station Kandivali West, Mumbai 400067.
) ) ) ) ) ) ) ) ........Applicant Company Called Summons for Directions for hearing Mr. Rajesh Shah i/b. Rajesh Shah & Co., for Applicant Coram: S. J. Kathawalla, J.
Date: 20th March, 2015 MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Company Summons for Directions AND UPON HEARING Mr. Rajesh Shah instructed by M/S Rajesh Shah & Co., Advocates for the
Applicant Company, AND UPON READING the Affidavit dated 25th day of February, 2015 of Mrs. Nishi Doshi, Authorised Signatory of the Applicant Company, in support of Company Summons for Directions and the Exhibits therein referred to, IT IS ORDERED THAT: 1.
The convening and holding the meeting of the Equity Shareholders of the Applicant Company for the purpose of considering and, if thought fit, approving, with or without modification(s), the proposed Scheme of Amalgamation between Wellman Advisory Services Private Limited ("Transferor Company") and Fortress Mercantile Private Limited (Transferee Company") and their respective Shareholders, is dispensed with in view of the consent given by both the Equity Shareholders of the Applicant Company, which are annexed as Exhibit "G1" and "G2" to the Affidavit in support of the Company Summons for Directions. 2.
The question of convening and holding the meeting of the Secured Creditors of the Applicant Company does not arise as there are no Secured Creditors in the Applicant Company as stated in paragraph 11 of the Affidavit in support of the Company Summons for Direction.
3.
The question of convening and holding the meeting of the Unsecured Creditors of the Applicant Company does not arise as there are no Unsecured Creditors in the Applicant Company as stated in paragraph 12 of the Affidavit in support of the Company Summons for Direction.
(S. J. Kathawalla, J)