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NATIONAL COMPANY LAW TRIBUNAL
Harnam Singh Thakur, Umesh Kumar Shukla, JJ
Busy Infotech Private Limited – Appellant
Versus
Hello Trade Online Private Limited – Respondent
| Table of Content |
|---|
| 1. filing of 2nd motion joint company petition under the companies act. (Para 1 , 2 , 3) |
| 2. proof of notice and compliance with requirements for the hearing. (Para 4 , 6) |
| 3. no objections raised by statutory authorities regarding the amalgamation scheme. (Para 10 , 12) |
| 4. the tribunal’s order sanctioning the amalgamation scheme. (Para 14 , 16) |
| 5. final decision and order on the company petition. (Para 20) |
JUDGMENT
This 2nd Motion Joint Company Petition (hereinafter referred to as the “Petition”) has been filed under the provisions of Sections 230 & 232 of the Companies Act, 2013 , the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 (hereinafter referred to as the “CAA Rules”), and the National Company Law Tribunal Rules, 2016 (hereinafter referred to as the “NCLT Rules”) by the Busy Infotech Private Limited (hereinafter referred to as the “Petitioner No.1” or “Transferor Company No.1”), Hello Trade Online Private Limited (hereinafter referred to as the “Petitioner No.2” or “Transferor Company No.2”) and Tolexo Online Private Limited (hereinafter referred to as the “Petitioner No.3” or “Transferee Company”) to obtain sanction of this Tribunal to the Sch
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