1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.175 OF 2008 WITH COMPANY APPLICATION NO.184 OF 2007 Associated Capsules Pvt.Ltd. .. Petitioner WITH COMPANY PETITION NO.176 OF 2008 WITH COMPANY APPLICATION NO.185 OF 2007 ACG Pharmapack Pvt.Ltd. .. Petitioner Mr.Pritesh Rajgor i/b. P.D.S.Legal for petitioners. Mr.S.Ramakantha, Dy.O.L. present. Mr.M.S.Bhardwaji/b. S.K.Mohapatra for R.D.in all matters CORAM : S.C.DHARMADHIKARI, J. DATE : 2nd May 2008 P.C. . Heard learned Counsel for the parties. 2. The sanction of the Court is sought under 2 Sections 391 to 394 of the Companies Act, 1956 to the scheme of Amalgamation between Associated Capsules Pvt.Ltd. and ACG Pharmapack Pvt.Ltd. and their respective shareholders. 3. Learned Counsel appearing on behalf of the petitioners has stated that they have complied with all statutory requirements as per directions of this Court and they have filed necessary affidavits of compliance in the Court. Moreover, petitioner company also undertake to comply with all statutory requirements, if any, as required under the Companies Act, 1956 and the rules made there under. 4. The Regional Director has filed affidavit stating therein that the scheme is not prejudicial to the interest of creditors, shareholders and public. 5. Upon perusal of the entire material on 3 records, the scheme appears to be fair and reasonable and is not violative of any provisions of law and is not contrary to any public policy. None of the parties concerned have come forward to oppose the scheme. Moreover, the Regional Director has stated that the scheme as prepared is not prejudicial to the interest of shareholder and public. 6. Since the requisite statutory compliances have been fulfilled. Company Petition No.175 of 2008 filed by the Transferor Company is made absolute in terms of prayer clause (a) to (c) and Company Petition No.176 of 2008 filed by the Transferee Company is made absolute in terms of prayer clauses (a) to (c). 8. Transferee Company to lodge a copy of this order and the scheme with the concerned superintendent of Stamps for the purposes of adjudication of stamp duty payable, if any, on 4 the same within 30 days of obtaining the certified copy and/or an authenticated copy of the order. 9. Petitioners in both the Company Petitions to pay cost of Rs.5000/- each to the Regional Director. Cost to be paid within four weeks from today. 10. Filing and issuance of the drawn up order is dispensed with. 11. All Authorities concerned to act on a copy of this order along with scheme to be authenticated by the Company Registry. (S.C.Dharmadhikari, J)