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2024 Supreme(Online)(NCLT) 5162

NATIONAL COMPANY LAW TRIBUNAL
Mr. Shammi Khan, J, Mr. Sameer Kakar, T
Avikal Tradelink Pvt Ltd – Appellant
Versus
Perfect Connections Ltd Equinox Solutions Ltd – Respondent


Advocates:
For the Appellants/Petitioners:Ms. Swati Soparkar, Advocate
For the Respondents:Mr. Manish Malpani, Executive Officer & Regional Manager, Ms. Riya Navin, Proxy Advocate, Ms. Maithili Mehta, Advocate, Mr. Shiv Pal Singh, Deputy Director, Ms. Vipal Solnaki, Company Prosecutor

ORDER

1. The present Company Petition has been filed by the Petitioner Companies above named for the purpose of the approval of the Scheme of Arrangement in the nature of Amalgamation between Avikal Tradelink Private Limited (for brevity “Transferor Company 1”) Perfect Connections Limited (for brevity “Transferor Company 2”) and Equinox Solutions Limited (for brevity “Transferee Company”), under section 230-232 of Companies Act, 2013 , and other applicable provisions of the Companies Act, 2013 read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 (for brevity ‘the Rules’) (hereinafter referred to as the ‘SCHEME’) pursuant to the Scheme proposed by the Petitioner Company and the said Scheme is also annexed at "Annexure H” of the Petition.

2. The Scheme inter alia provides for the Arrangement in the nature of amalgamation of Avikal Tradelink Pvt. Ltd. and Perfect Connections Ltd. with Equinox Solutions Ltd. and Restructure of Share Capital of Equinox Solutions Limited.

3. Affidavit in support of the above Petition was sworn on behalf of the Petitioner Companies and has been filed by Mr. Naishadh Parikh for all the Applicant Company along with the Petition. The

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