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Calcutta High Court

Vedanta Resources Pvt. Ltd. & Ors vs Unknown on 17 June, 2014

Author: Patherya

Bench: Patherya

ORDER SHEET
                           CA No. 399 of 2014
                   IN THE HIGH COURT AT CALCUTTA
                          Original Jurisdiction
                            ORIGINAL SIDE

                               IN THE MATTER OF :
                            VEDANTA RESOURCES PVT. LTD. & ORS.


  BEFORE:

  The Hon'ble JUSTICE PATHERYA

Date : 17th June, 2014.

Mr. A. K. Upadhyay, Adv.

...for the petitioner The Court :-The applicants are seeking dispensation of convening the meetings of the Equity Shareholders of the transferee and the transferors companies on the ground that the letters of consent, in original, of all the shareholders has been obtained and the same has been appended to the application.

Accordingly, the meetings required to be held by the transferee and all the transferors companies under Section 391(1) and 393 of the Companies Act, 1956 stand dispensed with on the condition that the petition for sanction of the scheme should be filed within five weeks.

Summons be singed as on date.

CA No. 399 of 2014 is disposed of without any order as to cost.

2

Urgent certified photocopy of this order be supplied to the parties, if applied for, upon compliance of all requisite formalities.

(PATHERYA, J.) sb