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Showing contexts for: proxy FORMS in In Re: Chemidye Manufacturing Company ... vs Unknown on 31 January, 2006Matching Fragments
(e) For the purpose as aforesaid, the Transferee Company shall, if and to the extent required, apply for and obtain the consent of the Securities Exchange Board of India, the National Stock Exchange, the Stock Exchange, Bombay the Reserve Bank of India and other concerned authorities, for the issue and allotment by the Transferee Company to the respective members of the transferror companies, of the Equity shares in the said share capital of the transferee company in the ratio aforesaid.
7. Company Application Nos. 432 of 2005 and 433 of 2005 were filed by the transferror and transferee companies respectively seeking usual directions inter alia regarding holding of the requisite meetings inter alia of the equity shareholders. By separate orders both dated 15.7.2005 in each of the Company Applications, directions were passed regarding convening and holding of the meetings of the equity shareholders. As far as the transferror company is concerned the holding of the meeting of the equity shareholders was dispensed with in view of the consent given by all the equity shareholders to the scheme. Convening and holding of the meetings of the secured and unsecured creditors was dispensed with on certain terms and conditions. For instance the companies were ordered to give notice of the hearing of the Petition to the creditors and/or to obtain their consent before the hearing of the Petition. Directions were also issued for publication of notices. The order in Company Application No. 433 of 2005 also required the notice convening the meeting, the scheme of amalgamation, the statement required to be signed under Section 393 of the Companies Act, 1956 and a prescribed proxy form to be posted to each of the equity shareholders at least twenty one days before the meeting. The said order gave directions regarding the content of the public notice including that the same should specify that the aforesaid documents can be obtained free of charge at the registered office of the transferee company.