JUDGMENT

S. Mohan, J.

1. Leave granted.

2. All these matters can be dealt with under a common judgment since the issue involved is one and the same.

3. The appellant-company was incorporated as a public limited company on 23rd March, 1992 in the name of Bloom Decoratives Limited. Subsequently, its name was changed as Bloom Dekor Limited. The registered office was formerly located at 1/F. Dhanlaxmi Chambers, Ashram Road, Ahmedabad. It was shifted to No. 8A, National Highway, Oran, District Sabarkantha, North Gujarat with effect from 10.11.93. However, it continues to have its corporate office in Ahmedabad.

4. The company received industrial licence on 21.6.93 from the Government of India for the manufacture of decorative industrial laminates. The company went for public issue of 23,65,000 equity shares of which 4 lacs equity shares have been reserved for the NRIs of Rs. 10 each for cash at par aggregating to Rs. 236.50 lacs. The company made applications to the Ahmedabad Stock Exchange and the Bombay Stock Exchange for permission to deal in and for an official quotation of the equity shares being offered in terms of its prospectus dated 10.8.93. The company has filed a copy of its prosp