: 1 : IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.997 OF 2008 CONNECTED WITH COMPANY APPLICATION NO.1517 OF 2008 Dandvati Investments & Trading Company Private Limited ....Petitioner AND COMPANY PETITION NO.998 OF 2008 CONNECTED WITH COMPANY APPLICATION NO.1518 OF 2008 Harshit Finlease & Investments Ltd. ....Petitioner Mr.Rajesh Shah for the Petitioners. Mr.M.S. Bhardwaj with Mr.P.Khosla i/b Mr.S.K. Mohapatra for the Regional Director. CORAM : S.J. VAZIFDAR, J. DATED : 27TH FEBRUARY, 2009. P.C. : 1. The Petitioners seek sanction in respect of a scheme of demerger. The Petitioner in Company Petition No.998 of 2008 is the resulting company. The Regional Director has filed an affidavit stating that save and except what is stated in paragraph 6, the scheme is not prejudicial to the interest of shareholders and public. 2. The company undertakes to comply with the : 2 : requirements stipulated in paragraphs 6(a) and 6(b). Needless to add that the company is bound to do so. The company is also bound to comply with all other statutory requirements. The undertakings are accepted. 3. In the circumstances, subject to what is stated above, both the Company Petitions are made absolute in terms of prayers (a) to (i).