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2010 Supreme(Mad) 3307

P.JYOTHIMANI
Laurel Aromatics Private Limited – Appellant
Versus
. – Respondent


Advocates Appeared:
For the Appearing Parties:R. Rajesh, Advocate, R. Vidya, ACGSC for Regional Director Ministry of Corporate Affairs Chennai, M. Jayakumar, Deputy Official Liquidator.

Judgment :-

1. These company petitions are preferred under sections 391 to 394 of the Companies Act, 1956 for sanctioning the scheme of amalgamation of the transferor company with the transferee company with effect from 1st April 2009.

2. M/s. Laurel Aromatics Private Limited, the petitioner in C.P.No.85 of 2010 is the transferor company. The main objects of the transferor company, as stated in the Memorandum of Association, are narrated in paragraph (5) of the said petition and the Memorandum of Association is enclosed as Annexure (1) to the said petition.

3. M/s. Contract Point Impex (India) Private Limited, the petitioner in C.P.No.86 of 2010 is the transferee company. The main objects of the transferee company, as stated in the Memorandum of Association, are narrated in paragraph (5) of the said petition and the Memorandum of Association is enclosed as Annexure (1) to the said petition.

4. In the meeting held on 12.2.2010, the Board of Directors of the transferor company, the petitioner in C.P.No.85 of 2010, considered and approved the scheme of amalgamation of the transferor company with the transferee company, the petitioner in C.P.No.86 of 2010. Copy of the Board resolution i


























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