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Gujarat High Court

Echjay Industries Private Limited vs Respondent(S) on 8 December, 2015

Author: Abhilasha Kumari

Bench: Abhilasha Kumari

                 O/COMP/419/2015                                             ORDER




                  IN THE HIGH COURT OF GUJARAT AT AHMEDABAD

                           COMPANY PETITION NO. 419 of 2015

                      In COMPANY APPLICATION NO. 368 of 2015

         ==========================================================
                  ECHJAY INDUSTRIES PRIVATE LIMITED....Petitioner(s)
                                       Versus
                                ......Respondent(s)
         ==========================================================
         Appearance:
         THAKKAR AND PAHWA, ADVOCATES, ADVOCATE for the Petitioner(s) No. 1
         ==========================================================

                 CORAM: HONOURABLE SMT. JUSTICE ABHILASHA
                        KUMARI

                                   Date : 08/12/2015


                                     ORAL ORDER

1 The present petition under Section 391 read with  Section   394   of   the   Companies   Act,   1956,   has   been  preferred,   seeking   sanction   of   this   Court   for   the  Scheme   of   Amalgamation   of   Echjay   Overseas   Trade  Private   Limited,   Hari   Mahavin   Investment   Private  Limited,   Samarath   Doshi   Investment   Company   Private  Limited   and   V.H.Doshi   &   Sons   Investment   Company  Private   Limited   with   Echjay   Industries   Private  Limited.   It   is   stated   on   behalf   of   petitioner   that  earlier, the petitioner had filed Company Application  Page 1 of 3 HC-NIC Page 1 of 3 Created On Thu Dec 10 01:38:10 IST 2015 O/COMP/419/2015 ORDER No. 368 of 2015, seeking dispensation of the meeting  of Equity Shareholders on the ground that consent of  all   the   Equity  Shareholders   of   the   company   has   been  obtained   and   produced   on   record.   By   an   order   dated  30.11.2015, passed in Company Application No. 368 of  2015, this Court directed dispensation of the meeting  of Equity Shareholders of the petitioner company. It  was   further   ordered   that   this   being   the   Transferee  Company, the meeting of the creditors is not required  to be held.

2 Heard Mr. Navin K Pahwa, learned Advocate for the  petitioner.

3 Admit.

4 Notice   to   the   Central   Government,   through   the  Regional   Director,   ROC   Bhavan,   Opp.   Rupal   Park  Society,   Behind   Ankur   Bus   Stop,   Naranpura,  Ahmedaba380013.

5 Notices   of   the   hearing   of   the   petition   to   be  published   in   the   English   Daily   Newspaper   "Indian  Page 2 of 3 HC-NIC Page 2 of 3 Created On Thu Dec 10 01:38:10 IST 2015 O/COMP/419/2015 ORDER Express" and the Gujarati Daily Newspaper "Lok Satta­ Jan   Satta",   having   circulation   in   Rajkot.   The  petitioner   company   is   permitted   to   publish   a   common  advertisement   together   with   the   petitioners   of   the  Transferor companies. The publication of notice in the  Government Gazette is dispensed with. 6 The   final   hearing   of   petition   is   fixed   on  18.01.2016.

(SMT. ABHILASHA KUMARI, J.) Bimal Page 3 of 3 HC-NIC Page 3 of 3 Created On Thu Dec 10 01:38:10 IST 2015