IN THE HIGH COURT OF JUDICATURE OF ANDHRA PRADESH AT HYDERABAD (ORIGINAL JURISDICTION) TUESDAY THE FOURTH DAY OF AUGUST TWO THOUSAND NINE PRESENT THE HON’BLE SRI JUSTICE V.V.S.RAO COMPANY PETITION Nos.94, 95, 96 and 97 of 2009 CONNECTED WITH COMPANY APPLICATION Nos.322, 323, 324 and 325 of 2009 In the matter of Companies Act, 1956 (1 of 1956) and In the matter of Sections 391 and 394 of the said Act and In the matter of Scheme of Arrangement between Sew Energy Limited (Transferor Company) and Sew Nafra Power Corporation Private Limited (Transferee company No.1) and Sew Nyukcharong Chu Power Corporation Private Limited (Transferee company No.2) and Sew Mago Chu Power Corporation Private Limited (Transferee Company No.3) and Their Respective Shareholders Company Petition No.94 of 2009: Sew Energy Limited A company incorporated under the Companies Act, 1956, and having its registered office at 6-3-871, 'Snehalata', Greenlands Road, Begumpet, Hyderabad – 500016. Represented by its Director, Sri Vallurupalli Rajkumar … Petitioner/ Transferor Company. Company Petition No.95 of 2009: Sew Nafra Power Corporation Private Limited, A company incorporated under the Companies Act, 1956, and having its registered office at 6-3-871, 'Snehalata', Greenlands Road, Begumpet, Hyderabad – 500016. Represented by its Director, Sri Yalamanchili Aditya Krishna … Petitioner/ Transferee Company No.1 Company Petition No.96 of 2009: Sew Nyukcharong Chu Power Corporation Private Limited, A company incorporated under the Companies Act, 1956, and having its registered office at 6-3-871, 'Snehalata', Greenlands Road, Begumpet, Hyderabad – 500016. Represented by its Director, Sri Yalamanchili Karthik … Petitioner/ Transferee Company No.2 Company Petition No.97 of 2009: Sew Mago Chu Power Corporation Private Limited, A company incorporated under the Companies Act, 1956, and having its registered office at 6-3-871, 'Snehalata', Greenlands Road, Begumpet, Hyderabad – 500016. Represented by its Director, Sri Sunkara Anil Kumar … Petitioner/ Transferee Company No.3 THE COURT MADE THE FOLLOWING COMMON ORDER ON PETITIONS The above petitions coming on for hearing on 4th August 2009, upon reading the said petitions, the orders dated 22.04.2009 in Company Application Nos.322, 323, 324 and 325 of 2009 dispensing with requirement of convening the meeting of the members and creditors of the petitioner companies for the purpose of considering and approving with or without modification the scheme of arrangement to be made between the transferor and transferee companies and also on going through the consent obtained from all the equity shareholders and creditors filed before this Court and upon hearing Sri L.V.V.Iyer, Advocate for the petitioners and it is appearing from the affidavits of the share holders and creditors that the proposed Scheme of Arrangement has been approved by all creditors and the share holders of the petitioner companies. This Court having noticed that no objection of any nature has been received from the members of the public and upon noticing that Registrar of Companies reported no objection, doth hereby sanction the Scheme of Arrangement set forth in Exhibit-VII of the petitions herein and the schedule hereto, and doth hereby declare the same to be binding on the creditors and equity share holders of the above named companies and also on the said companies. The parties to the scheme of arrangement or other persons interested shall be at liberty to apply to this Court for any directions that may be necessary in regard to the working of the scheme of arrangement and that the transferor and transferee companies shall pay the costs of these petitions set at Rs.3,000/- each to the Assistant Solicitor General and that the said companies do file with the Registrar of Companies the certified copies of the order within 30 days from this date. The Company Petitions are accordingly disposed of. ____________ (V.V.S.RAO, J) 04.08.2009 vs