IN RE Vs. MPM HOTELS PRIVATE LIMITED

JUDGEMENT

(1.) The present Company Application bearing CA (CAA) No.60/230/HDB/2017 is filed by MPM Hotels Private Limited under section 230 a 232 of the Companies Act, 2013, by inter-alia seeking to dispense with the meeting of the members/ creditors of the applicant company/transferee company as the members have given their consent to the Scheme of Amalgamation, to dispense with the Publication of notice in newspapers as there is no public interest involved.

(2.) The Brief facts, leading to filing of present petition, are as follows:-

(3.) The reasons for the proposed Scheme of Amalgamation of MPM Hotels Private Limited (Transferee) with Tanishq Infra Ventures Private Limited (Transferor 1) and Maheshwari Infrastructure and Skyscrapers Private Limited (Transferor 2) would have the following benefits:-