Splendid Agro Investments Private Limited v. 0
IN THE HIGH COURT OF JUDICATURE AT BOMBAY
ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY SUMMONS FOR DIRECTION NO. 596 OF 2015. In the matter of the Companies Act, 1 of 1956 and other relevant provision of the Companies Act, 2013;
AND In the matter of Sections 391 to 394 of the Companies Act, 1956 and other relevant provision of the Companies Act, 2013;
AND In the matter of Scheme of Amalgamation of SPLENDID AGRO INVESTMENTS PRIVATE LIMITED, the First Transferor Company and CRYSTALINE SECURITIES (INDIA) PRIVATE LIMITED, the Second Transferor Company and ZENITH COMMERCIALS PRIVATE LIMITED, the Third Transferor Company with ESSVEE INVESTMENT ADVISORS PRIVATE LIMITED, the Transferee Company and THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS.
SPLENDID AGRO INVESTMENTS ) PRIVATE LIMITED, a company ) incorporated under the Companies Act, 1956 ) having its registered office at 102, Free Press ) House, 10th Floor, 215, Nariman Point, ) Mumbai- 400 021.
) ...Applicant Company.
Called Summons for Direction for hearing Mr. Rajesh Shah i/b M/s. Rajesh Shah & Co., Advocate for the Applicant Coram: S. C. Gupte, J.
Date: 24th July, 2015 MINUTES OF THE ORDER UPON the application of the Applicant Company above named by a Summons for Direction AND UPON HEARING Mr. Rajesh Shah instructed by M/s. Rajesh Shah & Co., Advocate for the Applicant Company, AND UPON READING the Affidavit dated 3rd July, 2015 Mr. Ramesh Rajagopalan, Authorised Signatory of the Applicant Company, in support of the Summons for Direction and the Exhibit 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 of SPLENDID AGRO INVESTMENTS PRIVATE LIMITED, the First Transferor Company and CRYSTALINE SECURITIES (INDIA) PRIVATE LIMITED, the Second Transferor Company and ZENITH COMMERCIALS PRIVATE LIMITED, the Third Transferor Company with ESSVEE INVESTMENT ADVISORS PRIVATE LIMITED, the Transferee Company and THEIR RESPECTIVE SHAREHOLDERS AND CREDITORS is dispensed with in view of the consent given by all the Four Equity Shareholders of the Applicant Company, which are annexed as Exhibit 'C-1' to 'C-4' to the Affidavit in support of Summons for Direction.
2.
That the question of convening and holding of the meeting of Secured Creditors and Unsecured Creditors does not arise since there are no Secured Creditors and Unsecured Creditors of the Applicant Company as stated in paragraph 28 of the Affidavit in support of Summons for Direction.
(S. C. Gupte, J.)