IN RE Vs. DENDI AGRO FARMS PRIVATE LIMITED

JUDGEMENT

(1.) The present Company Application bearing CA(CAA) No.75/230/HDB/2017, is filed by Dendi Agro Farms Private Limited (Transferor Company No.l) along with GRR Udyog Farms Private Limited (Transferor Company No.2) ; Varun Breeding Farms Private Limited (Transferor Company No.3) and Sneha Farms Private Limited (Transferee Company) , under Sections 230 read with 232 of the Companies Act, 2013, by inter-alia seeking an order to dispense with the meetings of Equity Shareholders, Secured Creditors and Unsecured Creditors of the Applicant Companies for consideration of the Scheme of Amalgamation between the Transferor Companies Nos. 1 to 3 and Transferee Company as envisaged under the said Scheme with consequential relief

(2.) Brief facts leading to the filing of present case are as follows:

(3.) The Applicant Companies propose the Scheme of Amalgamation for the following reasons: