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2024 Supreme(Online)(NCLT) 3459

NATIONAL COMPANY LAW TRIBUNAL
IND ECO VENTURES LIMITED – Appellant
Versus
Registrar of Companies – Respondent


Advocates:
For the Petitioner:R Kannan

IN THE NATIONAL COMPANY LAW TRIBUNAL

SPECIAL BENCH II, CHENNAI

CA(CAA)/32/(CHE)/2024

(filed under Section 230 of the Companies Act, 2013 read with Companies (Compromises,

Arrangements and Amalgamations), 2016)

In the matter of Scheme of Amalgamation

IND ECO VENTURES LIMITED (CIN: U24231TN1982PLC009345)

KOTHARI BUILDING,

4TH FLOOR, 114,

M G ROAD, NUNGAMBAKKAM

CHENNAI-600034 …Applicant/ Transferor Company

With

INDOWIND ENERGY LIMITED (CIN: L40108TN1995PLC032311)

KOTHARI BUILDING,

4TH FLOOR, 114,

M G ROAD, NUNGAMBAKKAM

CHENNAI -600034 … Applicant/ Transferee Company

And

Their Respective Shareholders & Creditors REGISTRAR OF COMPANIES CHENNAI

26, HADDOWS ROAD,

NUNGAMBAKKAM,

CHENNAI - 600034 … Respondent

Order Pronounced on 2nd September 2024

CORAM

SHRI JYOTI KUMAR TRIPATHI, MEMBER (JUDICIAL)

VENKATARAMAN SUBRAMANIAM , MEMBER (TECHNICAL)

For Applicants: R Kannan & Aishwarya

ORDER

1. Under consideration is a joint application filed by the Applicant Companies, namely IND ECO VENTURES LIMITED (for brevity “Transferor Company”), INDOWIND ENERGY LIMITED (for brevity “Transferee Company”), in relation to a Scheme of Amalgamation (hereinafter referred to as the “SCHEME”) under section 230-232 of Companies Act, 2013, a

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