NATIONAL COMPANY LAW TRIBUNAL
SHRI JYOTI KUMAR TRIPATHI, SHRI RAVICHANDRAN RAMASAMY, JJ
ILINK MULTITECH SOLUTIONS PRIVATE LIMITED VS
ORDER
This is a Joint Application filed by Ilink Multitech Solutions Private Limited (hereinafter referred as the “1st Applicant/Transferee Company”) and Ilink Systems Private Limited (hereinafter “2nd Applicant/Transferor Company) and its Shareholders under section 230-232 of Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 in relation to the Scheme of Amalgamation (hereinafter referred to as the “SCHEME”) proposed by the Applicant Companies herein with its Shareholders.
The said Scheme is placed in Page 251-279 of the Application Typeset.
2. The Applicant Companies in this Company Application have sought for the following reliefs;
| EQUITY SHAREHOLDERS | PREFERENCE SHAREHOLDERS | SECURED CREDITORS | UNSECURED CREDITORS | |
| TRANSFEREE COMPANY | To Dispense with the meeting | To Dispense with the meeting | NA | To Dispense with the meeting |
| TRANSFEROR COMPANY | To Dispense with the meeting | NA | NA | NA |
3. The steps involved in the Scheme of Amalgamation as provided in the Application are reproduced hereunder:
4. The RATIONALE OF THE SCHEME is as under:
5. It is stated that the Transferee Company namely Ilink Multitech
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