Rajasthan Court June 2006 Judgments
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Rajasthan Network (P.) Ltd. Vs. Synergy Entrepreneur Solutions (P.) Lt ...
Court: Rajasthan
Decided on: Jun-02-2006
Reported in: [2007]80SCL13(Raj)
Shiv Kumar Sharma, J.1. This application is filed by Rajasthan Network Private Limited having its registered office situated at B-44, Malviya Nagar, Jaipur, Rajasthan (hereinafter shall be referred to as 'the applicant transferee company' praying therein for an order to dispense with the calling of meetings of the shareholders in the matter of the consideration and approval of the scheme of amalgamation of the petitioner transferor company with Synergy Entrepreneur Solutions Private Limited (hereinafter shall be referred to as 'the transferee company').2. Having heard learned Counsel for the petitioner transferor company and on perusal of the document at page No. 150 of the application. I am satisfied that the petitioner transferor company appears to be wholly owned subsidiary of the transferee company. The shareholders have given 'no objection' (see at page 151 of the application) to dispense with the holding of their meeting as required under Sections 391 and 394 of the Companies Act...
In Re: Skipper Electricals (India) Ltd.
Court: Rajasthan
Decided on: Jun-01-2006
Reported in: [2007]136CompCas790(Raj); [2007]75SCL270(Raj)
ORDERShiv Kumar Sharma, J.1. This petition under Sections 391(2) and 394 of the Companies Act, 1956, (in short 'Act of 1956') seeking approval of the scheme of amalgamation between Skipper Electricals (India) Limited [hereinafter referred to as the 'Transferor company' (Company No. 1), with SEIL Powergears Limited (hereinafter referred to as the 'Transferee Company (Company No. 2)'].2. The transferor company was incorporated on 23-5-1989 under the provisions of Companies Act, 1956 as a private limited company and converted into a public limited company vide special resolution dated 28-6-1994. Fresh certificate of incorporation dated 21-10-1994 was issued by Assistant Registrar of Companies, NCT of Delhi and Haryana. The authorised share capital of the transferor company is Rs. 10,00,000 (Rupees ten lakhs) divided into 10,000 (ten thousand) equity shares of Rs. 100 each. The issued, subscribed and paid up share capital of the transferor company is Rs. 5,00,000 (Rupees five lakhs) divide...
Pratima Datta Vs. Prabhudayal and ors.
Court: Rajasthan
Decided on: Jun-01-2006
Reported in: III(2006)ACC423
ORDERN.P. Gupta, J.1. The appeal was dismissed by virtue of the peremptory order dated 26.4.2005. The appeal was filed on 6.9.2004, against the award of Motor Accident Claims Tribunal, awarding the compensation. According to language of Section 173 of the M.V. Act, the appeal is required to be accompanied by the certificate, about deposit of the amount mentioned therein, but then the appeal was filed without such certificate.2. It is in these circumstances, that when the matter was listed in the Court, after more than seven months, on 26.4.2005, instead of dismissing the appeal straightaway on that day, bearing benevolence, six weeks further time was granted to file the certificate, and the order was made peremptory. Not with standing that the certificate had not been filed, the peremptory order came into action.3. The only ground given in the application for restoration is, that due to poor financial condition, the appellant could not arrange the requisite amount. It is required to be...