Co. Appl. 2/08 //1// In the High Court of Judicature for Rajasthan Jaipur Bench ** Co. Appl.No.2/2008 ** Shubh Shree Seeds (P) Ltd Versus Energy Seed International (P) Ltd Date of Order ::: 11/01/08 Hon'ble Mr. Justice Ajay Rastogi Mr. Rajendra Salecha, for applicant Counsel submits that transferor Co. (applicant herein) is proposed to be amalgamated with transferee Company (Energy Seed International (P)Ltd (respondent herein), on whose behalf also, Co.Appl. No.1/2008 has been filed U/s 391 of Companies Act. According to him, transferor Company is having only one class of members (equity share holders) & creditors (secured & unsecured creditors). Counsel further submits that there are only three share holders holding entire paid up capital, who have consented to the proposed amalgamation vide letter dt.30/11/07 (Ann.G collectively); hence meeting is required only for secured & unsecured creditors in case of transferor Co. Having considered material on record and so also consent dt.30/11/07 (Ann.G), this Court considers it proper to dispense with meeting of equity share Co. Appl. 2/08 //2// holders; and allow proposed scheme of amalgamation. However, meeting of secured & unsecured creditors of applicant (Transferor Co.- Shubh Shree Seeds (P) Ltd proposed to be amalgamated with transferee Co. Energy Seed International (P) Ltd) be convened & held at respective registered office of applicant transferor Co., at 306, Shekhawati Complex, Station Road, Jaipur on the dates & time for the purposes as required under law ad infra: Date, Day & Time Secured Creditors of Co. 23/02/08 (Sat) 11.00 AM - Shubh Shree Seed (P) Ltd. Date, Day & Time Unsecured Creditors of Co. 23/02/08 (Sat) 12.00 Noon - Shubh Shree Seed (P) Ltd. To convene aforesaid meetings, Shri Nitin Jain, Advocate is appointed as Chairman for secured & unsecured creditors, for which he shall be paid remuneration of Rs.20,000/- for both the meetings, payable by applicant-Company. Atleast 21 clear days before the day appointed for holding meetings, ibid, advertisement of notice stating about free copies of compromise or arrangement and of statement required to be furnished pursuant to S.393 be issued and published in daily news papers (1) Rajasthan Patrika (Jaipur Edn) & (2) Statesman (N.Delhi English Edn), for which proper recourse under Company Act & Rules be adopted by Chairman (supra), who is directed to submit reports Co. Appl. 2/08 //3// about result of meetings (supra) within seven days of its conclusion duly verified by his affidavit. Consequently, company application stands disposed of. (Ajay Rastogi), J. K.Khatri/p3/2Co.Appl08amlgmtrr.doc