ORDER

1. The present application is filed under Sections 230 and 232 and other relevant provisions of the Companies Act, 2013 (hereinafter referred to as the ‘Act’) and read with Companies (Compromise, Arrangements and Amalgamations) Rules, 2016, seeking dispensation of the meetings of the Equity Shareholders of the Transferor and Transferee Company and Seeking Directions for holding and convening the meetings of Secured Creditor and Unsecured Creditor of the Transferor Company and Transferee Company in respect of Scheme of Arrangement in the nature of Amalgamation between the Transferor Company and Transferee Company. There are 7 Secured Creditors in the Transferor Company and 11 Secured Creditors in the Transferee Company. There are 2206 Unsecured Creditors in the Transferor Company and 435 Unsecured Creditors in the Transferee Company. Therefore, the applicant Companies are seeking direction for convening and holding meeting for the purpose of considering and, if thought fit, approving, with or without modification(s), a Scheme of Arrangement in the nature of Amalgamation of Piccolo Mosaic Limited (for brevity “PML”) (Transferor Company) with Italia Ceramics Limited (for brevity