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2023 Supreme(Online)(NCLT) 29

NATIONAL COMPANY LAW TRIBUNAL
RASHMI ISPAT LIMITED VS


Advocates:
For the Petitioner:SHASHI AGARWAL

ORDER

Per: Balraj Joshi, Member (Technical)

1. This Court is convened through hybrid mode.

Connected with Company Application (CAA) No. 218/KB/2021

2. The instant petition has been filed under Sub-section 3 of the Section 232 and other applicable provisions of the Companies Act, 2013 (hereinafter referred as “Act”) for sanction of the “Scheme of Amalgamation” of Neelkamal Tradelink Private Limited, being the Petitioner No. 2 abovenamed (Transferor Company No. 1”/ “Neelkamal”), Neha Advisory Services Private Limited, being the Petitioner No. 3 abovenamed (Transferor Company No. 2/Neha”) and Ramkrishna Ispat Private Limited, being the Petitioner No. 4 abovenamed (Transferor Company No. 3 or Ramkrishna”) with Rashmi Ispat Limited, being the Petitioner No. 1 abovenamed (Transferee Company” or “Rashmi) whereby and whereunder the Transferor Companies are proposed to be amalgamated with the Transferee Company from the Appointed Date, viz 1st Day of April, 2021 in the manner and on the terms and conditions stated in the said Scheme of Amalgamation (hereinafter referred as “Scheme”). Copy of the said Scheme is annexed to the Company Petition Page No. 42-65.

3. The Petition has now come

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