Murugan Fabs Private Limited v.

Company Appln.No.73 of 2016 K.RAVICHANDRABAABU,J.

The applicant herein is praying for dispensing with the issuance of notices and convening, holding and conducting of the meetings of the equity shareholders of the applicant/ transferor company.

2. It is seen that the annual report of the applicant company is filed at Page Nos.20 to 38 of the typed set of papers. It is also seen in page No.70 of the typed set of papers that there are two equity shareholders and the two equity shareholders have filed their consent affidavits as seen at page Nos.73 and 74 of the typed set of papers. There is no secured creditors for the applicant company. The Chartered Accountant's certificate certifying that there is no secured creditor is filed at page No.75 of the typed set of papers.

3. Taking note of the same, this Court dispenses with the convening and holding of the meeting of the equity shareholders of the applicant company.

The company petition shall be presented on or before 30.03.2016.

02.03.2016 vsi