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In Re: Sasken Communication Technologies Ltd.

Type Court Judgment Court Karnataka Decided Mar 31, 2010
~1 min read
https://sooperkanoon.com/case/842680

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Citation
Court
Karnataka High Court
Judge
Decided On
Case Number
Company Petition No. 58 of 2009
Subject
Company

Case Summary

AI-generated summary - not the official court judgment text.

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Key legal issue
Company
Acts & sections
Companies Act, 1956 - Sections 211, 211(3B), 349 and 391 to 394

Parties & Advocates

Appellant / Petitioner

In Re: Sasken Communication Technologies Ltd.

Advocate K.G. Raghavan, Adv. for;Dua Associates

Respondent

Advocate B. Pramod, Central Government Counsel for Regional Director

Legal References

Acts
Companies Act, 1956 - Sections 211, 211(3B), 349 and 391 to 394
Reported In
[2010]155CompCas463(Kar)

Excerpt

- order(i) the scheme of arrangement--annexure a proposed by the petitioner-company is hereby sanctioned subject to the modification as per the undertaking of the petitioner-company in their affidavits dated february 22, 2010 and february 25, 2010, with effect from today and the same is binding on the petitioner-company and its shareholders.(ii) the petitioner-company is directed to serve a copy of this order on the registrar of companies, state of karnataka, within 30 days from the date of receipt of copy of this order.(iii) registry is directed to draw up a decree in form no. 42.(iv) ordered accordingly.

Full Judgment

ORDER

(i) The scheme of arrangement--annexure A proposed by the petitioner-company is hereby sanctioned subject to the modification as per the undertaking of the petitioner-company in their affidavits dated February 22, 2010 and February 25, 2010, with effect from today and the same is binding on the petitioner-company and its shareholders.

(ii) The petitioner-company is directed to serve a copy of this order on the Registrar of Companies, State of Karnataka, within 30 days from the date of receipt of copy of this order.

(iii) Registry is directed to draw up a decree in Form No. 42.

(iv) Ordered accordingly.

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