IN RE Vs. INDU DRUGS PRIVATE LIMITED

JUDGEMENT

(1.) The present Company Petition bearing CP (CAA) 154/230/HDB/2017, is filed by Indu Drugs Private Limited (Petitioner/ Transferee Company) under Sections 230 a 232 of the Companies Act, 2013, by inter-alia, seeking to sanction Scheme of Amalgamation in question, so as to be binding on all the Equity Shareholders / Members, Creditors and employees of the Petitioner / Transferee Company and the Transferor Company, etc.

(2.) Brief facts, leading to filing of present Company Petition, are as follows: 2

(3.) The objects / benefits of the proposed Scheme of Amalgamation are as follows: