CA 464/2016 (Exemption)

1. Allowed subject to just exceptions.

CO.APPL.(M) 25/2016

2. This is a first motion application filed by HT Media Limited (applicant/ transferor company) (hereafter referred to as the transferor company) under Section 391 to 394 of the Companies Act, 1956 (in short the 1956 Act) for approval of the scheme of amalgamation (hereafter referred to as the scheme) with HT Digital Streams Limited (non-applicant/ transferee company) (hereafter referred to as the transferee company). A copy of the scheme is enclosed with the application.

3. The registered office of the transferor company is located within the territorial jurisdiction of this court. The registered office of the transferee company is located at Patna, within the jurisdiction of the High Court of Patna.

4. The details qua incorporation of the transferor company, its authorized, issued, subscribed and paid up capital have been set out in paragraphs 1 and 5 of the scheme.

5. The copies of Memorandum and Articles of Association, as well as, the profit and loss account and the balance sheet as on 31.03.2015,