IN RE Vs. WHEAT ENERGY FOODS PRIVATE LIMITED

JUDGEMENT

(1.) Under consideration is a joint Application filed under Sections 230 to 232 of the Companies Act, 2013. The prayer made is to dispense with convening, holding and conducting of the meeting of equity shareholders, secured/unsecured creditors in relation to the 1, Transferor Company, 2nd Transferor Company and Transferee Company.

(2.) M/S. Wheat Energy Foods Private Limited

(3.) M/S. M A Patel and Sons Private Limited As regards the 2nd Transferor Company viz., M/s. M A Patel and Sons Private Limited, it has eleven shareholders. The list of shareholders is placed at page 92 of the typed set filed with the Application. The consent affidavits given by all the eleven equity shareholders are placed at pages 93 to 114 of the typed set filed with the Application, wherein it has been deposed that they do support the Scheme and consent to dispense with convening, holding and conducting the meeting of equity shareholders.