NATIONAL COMPANY LAW TRIBUNAL
MEDINOVA DIAGNOSTIC SERVICES LIMITED VS
C.P.(CAA) - 23/2025
SL. No.2
NATIONAL COMPANY LAW TRIBUNAL
HYDERABAD BENCH COURT HALL NO: II
Special Bench
Hearing Through: VC and Physical (Hybrid) Mode
CORAM: SHRI RAJEEV BHARDWAJ, HON'BLE MEMBER (J)
CORAM: SHRI YOGENDRA KUMAR SINGH, HON'BLE MEMBER (T)
ATTENDANCE-CUM-ORDER SHEET OF THE HEARING OF NATIONAL COMPANY LAW TRIBUNAL,
HYDERABAD BENCH, HELD ON 13.10.2025 at 12:00 PM
TRANSFER PETITION NO.
COMPANY PETITION/APPLICATION NO. CP (CAA) No.23/230/2025
Medinova Diagnostic Services Ltd (Transferor
Company) and Vijaya Diagnostic Centre Ltd
NAME OF THE COMPANY
(Transferee Company) and Respective Shareholders
and Creditors
NAME OF THE PETITIONER(S) NAME OF THE RESPONDENT(S)
UNDER SECTION 230 of Companies Act
ORDER
Orders pronounced, recorded vide separate sheets. In the result, this Company
Petition is allowed.
Sd/- Sd/-
MEMBER (T) MEMBER (J)
Apoorva
IN THE NATIONAL COMPANY LAW TRIBUNAL HYDERABAD BENCH – II Section 230 to 232 of the Companies Act, 2013 read with Rules 3 of the Companies (Compromises Arrangements and Amalgamations) Rules, 2016 In the matter of Scheme of Amalgamation of M/s.Medinova Diagnostic Services Limited (Transferor Company)
With M/s.Vijaya Diagnostic Centre Limited (Transferee Company)
And Their Respective Shareholders and Creditors M/s.Medinova Diagnostic Services Limited, Registered Office at: H.No.7-1-58, Unit No.1/Flat No.301, 3rd Floor, Amrutha Business Complex, Ameerpet, Hyderabad – 500016, Telangana, India. Represented by its Authorised Signatory Mr.Gaurav Yadav (PAN: ANRPY3352M).
.… Petitioner Company/Transferor Company M/s.Vijaya Diagnostic Centre Limited, Registered Office at: No.6-3-883/F, FPA Building, Near Topaz Building, Punjugatta, Hyderabad – 500082, Telangana, India. Represented by its Authorised Signatory Mr.Hansraj Singh (PAN: FEFPS8541C).
.… Petitioner Company/Transferee Company Date of Order:13.10.2025 Coram:
Sri Rajeev Bhardwaj, Hon’ble Member (Judicial)
Sri Yogender Kumar Singh, Hon’ble Member (Technical)
Date of Order: 13.10.2025 Counsel/Parties present:
For the Petitioner : Mr.Y.Suryanarayana, Ld. Counsel For Regional Director : Ms.Kusum Yadav, Deputy Director For Official Liquidator : Ms.Anantha Lakshmi, from OL office For Income Tax Department : Ms.Krishnapriya Reddy, Ld. Counsel O/o. Ms.B.Sapna Reddy, Ld. Counsel [P e r : B e n c h]
O R D E R
1. This is a Joint Petition filed by the Petitioner companies, under Sections
230 to 232 of the Companies Act, 2013 read with Rule 3 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 praying for the sanction of Scheme of Amalgamation between M/s.Medinova Diagnostic Services Limited (“Transferor Company”) and M/s.Vijaya Diagnostic Centre Limited (“Transferee Company”) and their respective shareholders and creditors with effect from April
01, 2024.
2. The Registered Offices of the Transferor Company and the Transferee Company are situated in the State of Telangana.
3. The facts of the case in brief are as follows:
I. Details of Transferor Company:
i. M/s.Medinova Diagnostic Services Limited (Transferor Company) is a listed public limited company (listed on BSE Limited) was incorporated in the State of Telangana on 11.03.1993 vide CIN L85110TG1993PLC015481.
ii. The main objectives of the Petitioner Company are as follows: a. To design, construct, own or otherwise acquire and to carry on the business of setting up, managing, administering and running of Diagnostic Centres, on ownership basis as well as under Franchise arrangement.
Date of Order: 13.10.2025 b. To establish, maintain, run hospitals and or mobile medical units, medical service centres, clinics, nursing homes, intensive care units on ownership basis as well as on Franchise arrangement.
c. To carry on business, manufacture, buy, sell, import, export and generally deal all types of surgical, medical, pharmaceutical, scientific, equipment and instruments, appliances, accessories, health care aids, health care products and instruments.
d. To set up facilities for carrying on medical research and to educate and train Radiolo
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