AGRICULTURAL DEVELOPMENT COMMERCIAL CREDIT & INDUSTRIAL INVESTMENT COMPANY PRIVATE LTD Vs. SANGAM BOOKS (INDIA) PRIVATE LIMITED

JUDGEMENT

(1.) The present Company Petition bearing CP (CAA) No. 62/230/HDB/2017 is filed by The Agricultural Development Commercial Credit and Industrial Investment Company Private Limited (herein after referred to as Transferee Company) by inter-alia, seeking directions for sanction of the Scheme of Arrangement with the Sangam Books (India) Private Limited (Transferor Company). ...

(2.) Heard Shri L.V.V. Iyer, Learned Counsel along with Shri Vivek Ganesh, Learned Counsel for the Transferee/Petitioner Company.

(3.) Brief facts, of the case, which are relevant to the issue in question, are submitted as under:-