In the matter of

The Companies Act, 2013 (18 of 2013);

And

In the matter of

Sections 232 r/w Section 230

and other applicable provisions of the Companies

Act, 2013 and Rules framed thereunder as in

force from time to time;

and

In the matter of

Scheme of Amalgamation Varroc Polymers Limited

CIN U25209MH1995PLC090037 …Applicant Company 1/

Transferor Company

Varroc Engineering Limited

CIN L28920MH1988PLC047335 …Applicant Company 2/

Transferee Company

(Collectively referred to as ‘Applicant Companies’)

Order delivered on 01.08.2024

Coram:

Shri Prabhat Kumar Justice V.G. Bisht (Retd.) Hon’ble Member (Technical) Hon’ble Member (Judicial)

Appearances (through)

For the Applicants : Mr. Hemant Sethi a/w Ms.

Devanshi Sethi & Ms.

Tanaya Sethi, Advocates

ORDER

1. The present scheme is a Scheme of Amalgamation between Varroc Polymers Limited (‘Transferor Company’) and Varroc Engineering Limited (‘Transferee Company’) and their respective shareholders sought under Section 232 r/w Section 230 of the Companies Act, 2013 and other applicable provisions of the Companies Act, 2013 (including any statutory modification or re-enactment or amendment thereof), as may be applicable.

2. The Scheme of Amalgamation was approved by t