Jayaam Galvanisers Private v.

Company Appln.No.74 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/ transferee company.

2. It is seen that the annual report of the applicant company is filed at Page Nos.30 to 55 of the typed set of papers. It is also seen in page No.87 of the typed set of papers that there are two equity shareholders and the two equity shareholders have filed their consent affidavits as seen from page Nos.90 and 91 of the typed set of papers. An Additional Affidavit has been filed stating that there are two unsecured creditors and two secured creditors. The consent affidavit of the secured and unsecured creditors are filed at page Nos.1 to 5 of the additional 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.

vsi 02.03.2016