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2013 Supreme(Bom) 1541

A.P.LAVANDE, U.V.BAKRE
Shailesh H. Bajaj – Appellant
Versus
Sesa Goa Ltd. – Respondent


Advocates Appeared:
For the Appellant: In person.
For the Respondents:R1, Iqbal M. Chagla, Senior Advocate, A.N.S. Nadkarni, Senior Advocate with Riyaz Chagla, D. Lawande, Kaif Noorani, R2, C.A. Ferreira, Advocate, P. Sridhar, Official Liquidator.

JUDGMENT :

U.V. Bakre, J.

1. Heard the appellant in person, Mr. Chagla, learned Senior Counsel for respondent no. 1 and Mr. Ferreira, learned Assistant Solicitor General for respondent no. 2. Brief written submissions have also been filed by the appellant and respondent no. 1.

2. The above appeals are directed against the common Judgment and order dated 3rd April, 2013 whereby the learned Company Judge has sanctioned the scheme of amalgamation (concurrent scheme) of Ekaterina Limited (Transferor Company or Ekaterina) with Sesa Goa Ltd. (Transferee Company or SGL) sought in Company Petition no. 11 of 2012 and the scheme of amalgamation and arrangement (composite scheme) amongst Sterlite Industries (India) Limited (amalgamating Company 1 or SIIL), The Madras Aluminium Company Limited (amalgamating company 2 or MALCO); Sterlite Energy Limited (amalgamating company 3 or SEL); Vedanta Aluminium Limited (amalgamating company 4 or VAL) and SGL and rejected the objections filed by the appellant to the above schemes.

3. Brief facts leading to the filing of these appeals are as under:

The Board of Directors of SGL and of Ekaterina (a company based in Mauritius), in their respective meeting








































































































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