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NATIONAL COMPANY LAW TRIBUNAL
DR. VENKATA RAMAKRISHNA BADARINATH NANDULA, SH. CHARAN SINGH, JJ
M/s. Mytrah Ainesh Power Pvt Ltd – Appellant
Versus
M/s. Mytrah Vayu (Sabarmati) Pvt Ltd – Respondent
| Table of Content |
|---|
| 1. petition seeking sanction for amalgamation. (Para 1 , 2) |
| 2. details of board resolution. (Para 3 , 4) |
| 3. rationale for the scheme of arrangement. (Para 5 , 6 , 7) |
| 4. consideration given for amalgamation. (Para 8) |
| 5. compliance and statutory requirements. (Para 9 , 10) |
| 6. responses to observations by regional director. (Para 11 , 12) |
| 7. court observations on compliance. (Para 13 , 14) |
| 8. final order sanctioning amalgamation. (Para 15) |
PER-BENCH
1. This Company Petition is filed by petitioner Companies under Sections 230 to 232 of the Companies Act, 2013 , inter-alia seeking sanction to the Scheme of Arrangement between Transferor Companies and Transferee Company and their respective shareholders and creditors.
2. The averments made in the Petition are briefly described as under:
2.1. Mytrah Ainesh Power Private Limited, (hereinafter referred to as “Transferor Company 1”) was incorporated as a Private Limited Company on 10th June 2016 under the Companies Act, 2013 with CIN: U40300TG2016PTC110219, and the PAN of the Transferor Company is AAKCM3881G. The Registered Office of the Transferor Company is presently situated at 8001, 8th Floor, Q-City, S.No.109 Nanakramguda, Gachib
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