NCLT JUDGEMENT ON SECTION 133, 230, 231, 232 OF THE COMPANIES ACT, 2103, SECTION 60, 62 OF THE LIMITED LIABILITY PARTNERSHIP ACT 2008 AND RULE 6,12, 14 OF THE COMPANIES (COMPROMISES, ARRANGEMENTS AND AMALGAMATIONS) RULES, 2016
In Re_ SKN Haryana City Gas Distribution Private Limited And Ors Vs., (2020) 06 NCLT CK 0050 NCLT allowed the application filed by the applicant under Section 230 to 232 read with Companies (Arrangements, Compromises and Amalgamations) Rules, 2016 and 60 and 62 of Limited Partnership Act, 2008 and the National Company Law Tribunal Rules, 2016, for seeking appropriate orders/directions for dispensing with the respective meetings of the shareholders and unsecured creditors of the demerged company and the meetings of the designated partners, secured creditors and unsecured creditors of the Resulting LLP's No. 1 and 2 in connection with the proposed Scheme of Arrangement contemplated between the applicant companies/firms. While allowing the application NCLT held that taking into consideration the application and the documents filed herewith, we propose to issue the directions with respect to calling, convening and holding the meeting of Equity Shareholders, Partners, secured and unse...