Indian Kanoon - Search engine for Indian Law

3. That at least 21 clear days before the day appointed for the meeting to be held as aforesaid, an advertisement convening the said meeting indicating the day, the date, the place and time aforesaid and stating that copies of the said Scheme of Arrangement and of the statement required to be furnished pursuant to Section 393 of the Companies Act, 1956 and Form of Proxy can be obtained free of charge at the Registered Office of the applicant company or at the office of its Advocate, i.e. M/s. Singhi & Co., 7-8 Premchand House Annexe, Ashram Road, Old High Court Way, Ahmedabad - 380 009, be inserted once in each of "Indian Express", Ahmedabad and Rajkot Editions and "Sandesh", Ahmedabad and Rajkot Editions. Publication of the advertisement in the Gujarat Government Gazette is dispensed with.

4. That, in addition, at least 21 clear days before the date of the meeting to be held as aforesaid, a notice convening the said meeting, indicating the day, the date, the place and time aforesaid, together with a copy of the said Scheme of Arrangement, a copy of the Statement required to be furnished pursuant to Section 393 of the Companies Act, 1956 and the prescribed Form of Proxy, shall be sent by ordinary post addressed to each of the Equity Shareholders and Preference Shareholders (having voting rights in terms of Section 87 of the Companies Act, 1956) of the applicant company at their respective registered or last known addresses. The notice shall be sent to the Equity Shareholders and Preference Shareholders (having voting rights in terms of Section 87 of the Companies Act, 1956) of the applicant company with reference to the list of persons appearing on the record of the applicant company and its register as on 2nd March 2012.

7. That quorum for the meeting of the Equity Shareholders (along with Preference Shareholders having voting rights in terms of Section 87 of the Companies Act, 1956) shall be 20s persons whether Equity Shareholders and 5 Preference Shareholders present in person.

That the voting shall be by ballot and not by merely show of hands.

8. That voting by proxy be permitted, provided that the proxy in the prescribed form duly signed by the person entitled to attend and vote at the meeting, is filed with the applicant company at its registered office at Aerodrome Road, Jamnagar-361 006, Gujarat not later than 48 hours before the meeting.