1 rng IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY IN THE HIGH COURT OF JUDICATURE AT BOMBAY ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION ORDINARY ORIGINAL CIVIL JURISDICTION COMPANY PETITION NO.1003 OF 2008 COMPANY PETITION NO.1003 OF 2008 COMPANY PETITION NO.1003 OF 2008 CONNECTED WITH CONNECTED WITH CONNECTED WITH COMPANY APPLICATION NO.1499 OF 2008 COMPANY APPLICATION NO.1499 OF 2008 COMPANY APPLICATION NO.1499 OF 2008 In the matter of the Companies In the matter of the Companies In the matter of the Companies Act, 1956; Act, 1956; Act, 1956; And IN the matter of section 391 to 394 of the Companies Act; And In the matter of the scheme of Amalgamation of Maharashtra Industrial Exports Pvt.Ltd and Nagpur Pulverisers & Minerals Ltd with Maharashtra Metal Metal Powders Ltd. Maharashtra Industrial Exports Pvt.Ltd .. Petitioner company with COMPANY PETITION NO. 1004 OF 2008 with COMPANY PETITION NO. 1004 OF 2008 with COMPANY PETITION NO. 1004 OF 2008 CONNECTED WITH CONNECTED WITH CONNECTED WITH COMPANY APPLICATION NO.1500 OF 2008 COMPANY APPLICATION NO.1500 OF 2008 COMPANY APPLICATION NO.1500 OF 2008 Nagpur Pulverisers & Minerals Pvt.Ltd .. Petitioner Company with COMPANY PETITION NO.1005 OF 2008 with COMPANY PETITION NO.1005 OF 2008 with COMPANY PETITION NO.1005 OF 2008 CONNECTED WITH CONNECTED WITH CONNECTED WITH COMPANY APPLICATION NO.1501 OF 2008 COMPANY APPLICATION NO.1501 OF 2008 COMPANY APPLICATION NO.1501 OF 2008 Maharashtra Metal Powders Ltd .. Petitioner Company ... Mr.Ramesh Saraogi for Petitioner Mr.N.D.Sharma a/w Mr.D.A.Dube i.b.Mr.S.K.Mohapatra for Regional Director Mr.S.Ramakantha, Dy.Official Liquidator present CORAM : S.J.Vazifdar, J CORAM : S.J.Vazifdar, J CORAM : S.J.Vazifdar, J DATED : 13th February, 2009 DATED : 13th February, 2009 DATED : 13th February, 2009 P.C. 1. The Petitioner in Company Petition Nos.1003 and 1004 are transferor-Companies. The Petitioner in Company Petition No.1005 is a transferee-Company. The 2 Petitioners seek sanction of the scheme of amalgamation. 2. Due procedure has been followed. The petitioners have complied with all requirements as per directions of this Court. The Petitioner Companies also undertake to comply with all statutory requirements if any, as required under the Companies Act, 1956 and Rules made thereunder. There is no objection from either the share holders,members or any other party. 3. The Regional Director has filed an Affidavit stating therein that the scheme is not prejudicial to the interest of creditors, shareholders,and public. 4. The scheme is fair and reasonable. There is nothing on record which disentitles the petitioners to sanction the Scheme of Amalgamation. 5. In the circumstances, each of the petition is made absolute in terms of prayer clauses (a) to (j). 6. The Petitioner Companies to lodge a copy of this order and the Scheme with the concerned Superintendent of Stamps for the purpose of adjudication of stamp duty payable, if any, on the same within 30 days of obtaining the certified copy and/or an authenticated copy of the order. 3 7. The Petitioners in all the Company Petitions to pay cost of Rs.7500/- each to the Regional Director and to the Official Liquidator by the Petitioners. Costs to be paid within four weeks from today. 8. Filing and issuance of drawn up order is dispensed with. 9. All concerned authorities to act on a copy of this order along with the Scheme duly authenticated by the Company Registrar, High Court, Bombay.