Adobe Properties Private Limited vs Amp Motors Private Limited on 16 January, 2017

1. The present application has been filed jointly, under Sections 391 &

394 of the Companies Act, 1956 (hereinafter referred to as ‘the Act’) by

Adobe Properties Private Limited (hereinafter referred to as ‘Transferor

Company’) and AMP Motors Private Limited (hereinafter referred to as

‘Transferee Company’) seeking directions of this Court to dispense with

the requirement of convening meetings of their equity shareholders,

CO.APPL.(M)150/2016 Page 1 of 43
secured and unsecured creditors; to consider and approve, with or without

modification, the proposed Scheme of Amalgamation (hereinafter referred

to as ‘proposed Scheme’) of the Transferor Company with the Transferee

Company.

Source: Indian Kanoon

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