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2023 Supreme(Online)(NCLT) 1825

NATIONAL COMPANY LAW TRIBUNAL
RELIANCE PROJECTS & PROPERTY MANAGEMENTSERVICES LIMITED VS


Advocates:
For the Petitioner:Ravi Pahwa

ORDER

1. This present Company Petition has been filed by the Petitioner Company under Sections 230 to 232 of the Companies Act, 2013 read with Companies (Compromise, Arrangement and Amalgamations) Rules, 2016 seeking sanction to the Composite Scheme of Amalgamation of Reliance Infratel Limited (Amalgamating Company 1 / RITL) and Reliance SMSL Limited (Amalgamating Company 2 / RSMSL) with Reliance Projects & Property Management Services Limited (Petitioner Company/ Amalgamated Company/ RPPMSL) and their respective shareholders and creditors (“Scheme”)

2. An Affidavit in support of the captioned Company Petition has been sworn by Mr. Rakesh Pandya, Authorized Representative of the Petitioner Company and the same is annexed to the Company Petition. The abovenamed Authorized Representative for the Petitioner Company has been authorized vide Board Resolution dated 27th December 2022 passed by the Petitioner Company.

3. From the records, it is seen that the Petitioner Company had filed Company Application No. C.A.(CAA)/5(AHM)2023 i.e. first motion application, before this Tribunal. The Petitioner Company had inter alia submitted that: (i) in view of the consents by way of affidavits from al

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