NATIONAL COMPANY LAW TRIBUNAL
KHETRABASI BISWAL, MEMBER, KAUSHELNDRA KUMAR SINGH, MEMBER
BLACKBIRD INVESTMENTS INDIA PRIVATE LIMITED – Appellant
Versus
JRG HEALTHCARE INDIA PRIVATE LIMITED – Respondent
| Table of Content |
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| 1. the joint application seeks to amalgamate companies under the companies act. (Para 1) |
ORDER
1. This joint company application is filed by the Applicant Companies namely; JRG Healthcare India Private Limited (hereinafter referred to as Transferor Company No.2/Applicant Company) under section 230-232 of the Companies Act, 2013 (hereinafter referred to as ‘Act’), read with Companies (Compromise, Arrangements, and Amalgamations) Rules, 2016, seeking for dispensation with the requirement of convening the meetings of equity shareholders, secured and unsecured creditors of the Transferor Company No.2/Applicant Company for considering and approving with or without modification, a composite scheme of Amalgamation (hereinafter referred as “Scheme”) The copy of the Scheme is annexed as Annexure-1 to the Application. 2. The facts of the case, as stated in the Application, are summarised below:
(i) The Transferor Company No.1 was incorporated on October 28, 2021, under the provisions of the Act. The Transferor Company No.1 is engaged in the business of a holding and investment company, and to subscribe, purchase, acquire and to invest in and hold, sell, transfer, exchange, con
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