MMC HEALTH CARE LTD Vs. MMC PHARMACEUTICALS LTD

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 Demerged and Resulting Companies.^.

(2.) M/S. MMC Health Care Limited

(3.) M/S. M.M.C. Pharmaceuticals Limited As regards the Resulting Company viz., M/s. M.M.C. Pharmaceuticals Limited, it has 8 equity shareholders. The list of equity shareholders is placed at page 171 of the typed set filed with the Application. The consent affidavits given by all the 8 equity shareholders are placed at pages 173 to 188 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.