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2026 Supreme(Online)(NCLT) 413

NATIONAL COMPANY LAW TRIBUNAL
MANNI SANKARIAH SHANMUGA SUNDARAM, J, ATUL CHATURVEDI, TECHNICAL MEMBER
JAYANTA FANZEN LIGHTING INDUSTRIES PRIVATE LIMITED – Appellant
Versus
UTC INFRADEVELOPERS PRIVATE LIMITED – Respondent


Advocates:
For the Applicant: Mr. Gurcharan Singh, Mr. Rahul Narang
For Income Tax Deptt.: Adv Puneet Rai, SSC, Adv Ashvini Kr, Adv Rishabh Nangia, Adv Nikhil Jain

PER: MANNI SANKARIAH SHANMUGA SUNDARAM, MEMBER (JUDICIAL)

1. This is a second motion petition jointly filed by the Petitioner Companies herein namely, M/s Jayanta Fanzen Lighting Private Limited (hereinafter referred to as Transferor Company No. 1/Petitioner Company No. 1), M/s Astha Nirman Private Limited (hereinafter referred to as Transferor Company No. 2/Petitioner Company No. 2), M/s Victory Tradecom Private Limited (hereinafter referred to as Transferor Company No. 3/Petitioner Company No. 3), M/s UTC Infradevelopers Private Limited (hereinafter referred to as Transferee Company/Petitioner Company No. 4), and their respective shareholders and creditors jointly under section 230-232 of Companies Act, 2013 , read with Companies (Compromises, Arrangements and Amalgamations) Rules, 2016 in relation to the Scheme of Amalgamation (hereinafter referred to as the “SCHEME”).

2. The Transferor Company No. 1/Petitioner Company No. 1 i.e., M/s Jayanta Fanzen Lighting Industries Private Limited is a private limited company which was incorporated on 29th November, 2005, under the provisions of the Companies Act, 1956 bearing CIN: U31500WB2005PTC106390, having its registered office at Destin

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