THE HON'BLE MR JUSTICE G.V.SEETHAPATHY COMPANY APPLICATION No :467 of 2010 DATED:15-06-2010 ORDER: This application under Sections 391 and 394 of the Companies Act, 1956 r/w Rule 9 of the Companies (Court) Rules, 1959 is filed seeking to dispense with the meeting of the shareholders of the applicant company and also the publication of notice. 2. Heard learned counsel appearing for the applicant. Perused the record. 3. It is stated that there are only seven shareholders and all of them have given affidavits stating ‘no objection’ for the scheme of arrangement between the transferor and transferee company. 4. Having regard to the small number of shareholders, which is only seven, and also in view of the affidavits furnished by them, the meeting of the shareholders and publication of notice in connection with the scheme of arrangement are dispensed with. 5. Company Application is accordingly ordered. _______________________ G.V.SEETHAPATHY,J 15th June, 2010. Tsy