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Master Capital Services Limited vs. -----------------------------------

Interim Order
Court:Bombay High Court, Mumbai, Maharashtra
Judge:Hon'ble S.J. Vazifdar
Case Status:Disposed
Order Date:5 Mar 2010
CNR:HCBM020271112009

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Order Issued After Hearing

Purpose:

For Directions

Before:

Hon'ble Hon'Ble Shri Justice S.J. Kathawalla

Listed On:

5 Mar 2010

Order Text

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

ORDINARY ORIGINAL CIVIL JURISDICTION

Company Scheme Petition no.156 of 2010 Connected with Company Application No.661 of 2009

In the matter of the Companies Act, 1956 ( 1 of 1956 ); And In the matter of Sections 391 & 394 of the Companies Act, 1956, And In the matter of Scheme of Amalgamation of MTL Share And Stock Brokers Limited With Master Capital Services Limited And Their respective Shareholders.

Master Capital Service Limited,)
a company incorporated under the)
Companies Act, 1956 having its registered)
office at C-1, 18/20, Jeevan Jyot Building,)Petitioner
Cawasjee Patel Street, Fort, Mumbai 400001 ))( Transferee Company)

Coram :- S. J. Kathawalla, J.

Dated :- 5th March, 2010

Shri. V. P. Vaze, Advocate for Petitioner.

MINUTES OF ORDER

    1. Petition admitted.
    1. Petition fixed for hearing and final disposal on 16th April, 2010.
    1. At least 28 clear day before the date fixed for hearing, the Notice of hearing of the Petition be directly served by the Petitioner on the Regional Director, Western Region, Ministry of Corporate Affairs, Mumbai, Maharashtra pursuant to Section 394A of the Companies Act, 1956.
    1. At least 28 clear day before the date fixed for hearing, the Notice of hearing of the Petition be directly served by the Petitioner on the Official Liquidator, high Court, Bombay pursuant to Section 394A(1) of the Companies Act, 1956.
    1. At least 10 clear days before the date fixed for hearing, the Notice of hearing of the Petition be published once each in the "Free Press Journal" in English, circulated in Mumbai and "Navashakti" in Marathi.
    1. Notice of hearing of the Petition be published in the Government Gazette of Maharashtra.
    1. That service of Notice of hearing of the Petition at least 28 clear days before the date fixed for hearing, by Registered Post A.D. upon all the Secured Creditors of the Petitioner Company is dispensed with in view of the resolution passed by the Secured Creditors of the Petitioner Company in meeting held on 30/10/2009, a copy of which is annexed as Exhibit N to the Petition.
    1. That service of Notice of hearing of the Petition at least 28 clear days before the date fixed for hearing, by Registered Post A.D. upon all the Unsecured Creditors of the Petitioner Company is dispensed with in view of the resolution passed by the Unsecured Creditors of the Petitioner Company in meeting held on 30/10/2009, a copy of which is annexed as Exhibit O to the Petition;
    1. Petitioner to file in this Registry an Affidavit of Service as per Rule 30 of the Company (Court) Rules, 1959.

(S. J. Kathawalla, J.)

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Case History of Orders

Order(2) - 15 Apr 2011

Final Order

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Order(1) - 5 Mar 2010

Interim Order

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