IN THE HIGH COURT OF JUDICATURE AT BOMBAY: NAGPUR BENCH: NAGPUR COMPANY APPLICATION NO.22/2010. IN THE MATTER OF N. KUMAR HOUSING & INFRASTRUCTURE PRIVATE LIMITED Office Notes, Office Memoranda of Coram, Appearances, Court’s orders or directions and Registrar’s orders Court’s or judges Orders. CORAM: SMT. VASANTI A. NAIK, J. DATE: 8 /10 / 2010 After hearing Shri J.B. Gandhi, the learned counsel for the applicant – company in the matter of section 391 to 394 of the Companies Act 1956 and in the matter of scheme of amalgamation between the companies mentioned in the company application and after perusal of the affidavit of Archana Wani, the Director of the applicant company, it appears (i) There are no secured or unsecured creditors of the applicant – company on the date of the filing of the company application. (ii) The two share-holders of the company have given their consent for the amalgamation of the lender companies with the present transferee company, by their consent letter which are annexed to this company application. (iii) The unsecured lender companies have also separate company applications for amalgamation of those company with the applicant company. The lender companies as well as the present transferee company have agreed in terms of clause 13(2) of the agreement that upon the scheme becoming finally effective inter-company balances, inter corporate loans, equity shares, debts, liabilities or other obligations between the transferee company on one hand and the transferor companies on the other hand and / or one transferor company, on one hand and another transferor company on the other hand shall stand cancelled. In such circumstances, the holding of the meeting of the share holders of the applicant / transferee company is dispensed with. Company application 22/2010 is hereby disposed of. JUDGE SMP.