IN THE HIGH COURT OF BOMBAY AT GOA COMPANY PETITION NO. 16 OF 2010 PROFESSIONAL ORAL CARE PRODUCTS PVT.LTD., ... Petitioner Versus . ... Respondent Mr. Sudin M. S. Usgaonkar, Advocate for the Petitioner. Mr. C. A. Ferreira, Advocate for Regional Director. Mr. Sanjay Kumar Gupta, Official Liquidator. Coram:- S. J. VAZIFDAR, J. Date:- 16th April, 2010 P.C. The Petitioner has sought the sanction of the scheme of amalgamation between itself and Colgate Palmolive (India) Limited, the Transferee Company. The petitioner is the wholly owned subsidiary of the Transferee Company. 2. The procedure has been complied with. The Regional Director has filed an affidavit, inter alia, stating that the scheme is not prejudicial to the interest of shareholders and public. The Official Liquidator has filed a report stating, inter alia, that the affairs of the Transferor Company appear to have not been conducted in a manner prejudicial to the interest of its members or the public interest. 3. It appears that through inadvertance, the salaries of the Managing Director have been stated as being payable per month. It is clarified that the same is payable per annum. The revised Form 25-C has been furnished to the Registrar of Companies. A statement to that regard is made to this Court and it is accepted. There is nothing on record that militates against the sanction of the scheme. 4. In the circumstances, the scheme is sanctioned as per the separate Order signed by me today. 5. The Company Petition is accordingly disposed of. S. J. VAZIFDAR, J. arp/*