ORDER

PER: ATUL CHATURVEDI, MEMBER (TECHNICAL)

1. The present Joint Petition is filed by the Petitioner Companies herein Sentinels Security Private Limited (Demerged Company/Petitioner Company 1) and Bosika Holdings Private Limited (Resulting Company/Petitioner Company 2) under Section 230-232 of the Companies Act, 2013 read with Rule 15 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016, and the National Company Law Tribunal Rules, 2016, for the purpose of the Sanction of the proposed Scheme of Arrangement between the Demerged Company and the Resulting Company. The copy of the Scheme of Arrangement (hereinafter referred to as the “Scheme”) has been placed on record.

2. The Registered Office of the Demerged Company and the Resulting Company is situated in the NCT of Delhi and therefore, it is under the jurisdiction of the National Company Law Tribunal, New Delhi.

3. The brief description of the Petitioner Companies is as follows:

i. Sentinels Securit