COMMON ORDER:

The applicant in C.A.No.28 of 2010 is Mack Soft Tech Private Limited (herein after referred to as the Transferee company). The applicant in C.A.No.29 of 2011 is Quinn Logistics India Private Limited (herein after referred to as the Transferor company). These two applications are filed under Section 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956 with a prayer to dispense with the convening of the meetings of the shareholders as well as the creditors of the transferor and transferee companies.

I have heard the learned counsel for the applicants and perused the material available on record.

The transferor company was incorporated on 15.03.2007 under the Companies Act, 1956 under the name and style of Quinn Logistics India Private Limited. The registered office of the Transferor company is situated at Qcity, Block A, 6th Floor, Sy.NO.109, 110 and 111/2, Nanakramguda village, Serilingampally Mandal, Hyderabad 500019.

The authorized share capital of the transferor company, as on 31.12.2009 was Rs.5,00,000/- divided into 50,000 equity shares of Rs.10/- each. The issued, subscribed and paid up share capital of the transferor company as on 31.12.2009 was Rs.4,