This petition is filed seeking for sanction of the scheme of arrangement vide Annexure-A to the petition. The petitioner is the transferor company which was incorporated on 31st March, 1999 under the name and style “McDowell Spirits Limited”. The name of the Company was subsequently changed as “McDowell & Company Ltd. vide Fresh Certificate of Incorporation dated 12th April, 2001 and to the present name vide Fresh Certificate of Incorporation dated 17th October, 2006. The main objects of the petitioner Company is to manufacture alcohol, rectified spirit, potable and industrial alcohol., to manufacture brew, distill blend, compound, prepare, process, render potable or marketable all sorts of liquors, wines spirits and beers, to carry on all or any of the business of malt factors, general and wine spirits merchants, either as exporters or importers and distilleries, commission agents etc. The particulars of the issued subscribed and paid up share capital of the petitioner Company as on 31st March, 2013 is as follows;