ORDER

Per: Prabhat Kumar, Member (Technical)

1. This Bench is convened through Video Conferencing.

2. That the proposed Scheme of Arrangement provides for amalgamation of Tata Capital Financial Services Limited (“First Applicant Company/ Transferor Company No. 1”) and Tata Cleantech Capital Limited (“Second Applicant Company/ Transferor Company No. 2”) with Tata Capital Limited (“Third Applicant Company/ Transferee Company”) and their respective Shareholders (“Scheme” or the “Scheme of Arrangement”) under Sections 232 read with Section 230 read with Section 66 of the Companies Act, 2013.

3. That the registered office of the Applicant Companies is situated in Maharashtra and within the territorial jurisdiction of the Hon’ble Tribunal.

4. Considering the background, circumstances, rationale and benefits of the Scheme, the proposed amalgamation is beneficial, advantageous and not prejudicial to the Shareholders, Creditors and other Stakeholders of the Applicant Companies and is beneficial to the public at large.

5. Ld. Senior Counsel for the Applicant Companies submits that the Applicant Companies have prayed for convening and holding a meeting of the Equity Shareholders of the Third Applic