various schemes which can be presented to Company Court under Section 391 of the Companies Act. Reliance is placed in the judgment of Bank ... Section 391 of the Companies Act, 1956 either the Company or creditor or member of the Company or the Liquidator (where a Company is being
that the amalgamation of the two companies sanctioned by the company court under Section 391 of the Companies Act with effect from April ... Dada submitted that once the company court passes an order under Section 391 of the Companies Act declaring that two companies stand amalgamated from
Sadanand S. Varde And Ors. vs State Of Maharashtra And Ors. on 14 June, 2000
company are transferred to another company, an application by the transferee company under sections 391 and 394 of the Companies Act to the appropriate court ... arrangements. Section 394 , which corresponds to section 208 of the English Companies Act, 1948, which corresponds to section 208 of the English Companies Act
provisions of the sections specified in Section 55A including Sections 77 and 77A . Under Section 621 of the Companies Act SEBI is the appropriate authority ... petition under Section 391 or Section 394 . The right to notice under Section 391 proceedings remains with the Central Government under Section 394A The SEBI
Companies Act, the Company Court is required to exercise winding up jurisdiction and powers under Sections 443 and/or 466 of the Companies Act . Therefore ... Section 391(1) .
5. That all the requisite material contemplated by the proviso to Sub-section (2) of Section 391 of the Act is placed
appropriate remedy for the relief claimed.
(10) Sub-section (1) of section 391 of the Companies Act 1956 provides that where a compromise or arrangement ... Section 390 which says that the expression "Company" in section 391 "means any Company liable to be wound up under this Act
company owning an industrial undertaking with another company."
If the provisions of section 391 to 394 of the Companies Act are inconsistent with ... provisions of section 391 to 394 of the Act which are the relevant provisions of the Act. The provisions of section 391
applications filed under Sections 391 to 394 of the Companies Act. Chapter V of the Companies Act is entitled as arbitration, compromise, arrangement and reconstructions ... providing for merger and demerger of the companies under Sections 391 to 394 of the Companies Act also similarly has the same object of making
exercise of powers under section
391 of the said Act of 1956. He submitted that sub- section 6
of section 391 operates pending the proceeding ... section 391 of the said Act of 1956. Section 391
forms part of Chapter V which deals with Arbitrations,
Compromises, Arrangements and Reconstructions. Section 391