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2025 Supreme(Online)(NCLT) 622

NATIONAL COMPANY LAW TRIBUNAL
MANNI SANKARIAH SHANMUGA SUNDARAM, ATUL CHATURVEDI, JJ
MUDRIKA FISCAL SERVICES PRIVATE LIMITED – Appellant
Versus
PICKUP TRADELINK PRIVATE LIMITED – Respondent


Advocates:
For the Appellants/Petitioners: Mr. Sandeep Bhuraria, Ms. Nishtha Grover, Ms. Surbhi Bhuraria
For the Respondents: Mr. Shlok Chandra, Ms. Madhavi Shukla, Ms. Naincy Jain, Mr. Suyash Sharma, Mr. Sumit Kansal, Mr. Aryan Gupta

Table of Content
1. overview of the petitioner companies and their details. (Para 1 , 2 , 3 , 4 , 5 , 6 , 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16)
2. rationale and purpose of the scheme of arrangement. (Para 17 , 18)
3. court's observations and analysis of the case. (Para 19 , 20 , 21 , 22 , 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36 , 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47)
4. final conclusion and order of the court. (Para 48 , 49)

PER: MANNI SANKARIAH SHANMUGA SUNDARAM, MEMBER (JUDICIAL)

2. The Petitioner Company No. 1/Transferor Company No. 2 i.e., M/s Mudrika Fiscal Services Private Limited is a private limited company incorporated under the provisions of Companies Act, 1956, vide Certificate of Incorporation dated 17.01.1990 having CIN-70101DL1990PTC353584 with Registrar of Companies, NCT of Delhi & Haryana and having its registered office at Ground Floor-42, Pacific Mall, Tagore Garden, Najafgarh Road, Delhi-110018. The Authorized Share Capital of the Petitioner Company No. 1/Transferor Company No. 2 is Rs. 1,46,00,000/- divided into 14,60,000/- Equity shares of Rs. 10/- each. The issued, subscribed and paid-up share capital of the Compan





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