1 IN THE HIGH COURT OF JUDICATURE AT BOMBAY NAGPUR BENCH : NAGPUR COMPANY APPLICATION NO. 8/2010 In the matter of Nagpur Fabriforge Pvt. Ltd. Nagpur Office Notes, Office Memoranda of Coram, appearances, Court's orders Court's or Judge's orders or directions and Registrar's orders. CORAM : B.P. DHARMADHIKARI, J. DATED : MARCH 26, 2010. Heard Shri A.S. Murty, learned counsel for applicant. The affidavit shows that share holders have given no objection for the amalgamation. Similarly, the secured creditors [two in number] have also given their consent to the scheme. Number of unsecured creditors is not specified and it is mentioned that the said body is fluctuating. Learned counsel has further pointed out that vide Annexure-H, Balance sheet as on 31.01.2010 has been filed and unsecured loans as on 31.01.2010 are worth Rs.8,60,50,612/-. The value of net current assets is disclosed in that balance sheet as Rs.27,08,23,783/-. It is pointed out that net worth of applicant as on 31.01.2010 is Rs. 16,92,66,996/-. The statements are supported by affidavit, hence, holding of meeting of share holders and secured creditors is dispensed with. The holding of meeting of 2 unsecured creditors is also dispensed with, but the same is subject to petitioner – Company filing before this Court number of unsecured creditors with their liability as on 31.03.2010. This orders be annexed along with the application for sanction of the scheme as and when filed. JUDGE Rgd.