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? a3 3 Priarate hfiiiitéfi the pmvisians
{sf Campanies A{:i’},:avi1:§g”itsi at 660/1, 18%
ft. read G38.
*T?’§1e’aiif€;hg»iisg:=fi.»..4$i1are Capital 01′ the ‘E’1’ansfér€::r
{;:c;an1_;:a;1}:’ §’€sV.;Z;;E’,3{§;v§§{§;°ai§QQ/~ ciiezidéd ixzie 128,€3{),GG{}]-
§.i:2;a1~::$ 9? – aach. T116 issued, sabsefibeé paid
pip gfafpitai ef the ?“hi(“‘:§3_ aye {xiii}? paici zip
vi Tiifi mag: {3%::}&*:f of {E5 ‘”§’m::sa§Tcr(}2’ CG:i1pé%_I}.j€ E3 is
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variaus §)€Z)’Wf:;i” gexiaraténg aystsm has-35d an 3018.? €§1€§’g”:’§_.»’ amzié
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v i%3§lQ'~§§S:V
equigmerxt sixth a3 i3ht0v(:ltaic maduies, i11V€ft€:iE§’», cf
various kinds, mounting Sysmms, 3013;” charge ..
fiat pfiais cofiecters, pump assemblies, st01f§1_g€§’.§a1ikwsvL’arid:_ V’
Camplete S:§?’S’bE:3IIIS pertaigzing to Pbgbtoéélfaié,
pm.’ _
syst£:ms and othar afiiecl equipmefiéjfiand ‘£0 =
W.he}esa1£rs ta provkiing enginT€;::f’jng, fsE.1C1′}:Iii€.E3i,,_: :~V,{£:3§S;’ éfter V
SE:£1€S supgort and 22:33»-i_. 0’£:h.£:’I*” $fiéI”v’.icesV: aystam
integraters mciuding $013}? 0f the
Memorandum b zP}S:%”§§%>?(.§:E_.8f§;~£Q1§’V’ the Txazxsferor
Cbmpatzy is fii:.f§1;;:”1:3>§u%i’e:§?{:?;. »
$4 “”” t f.§1B~~~~T§£°’dIiSf€FGf Company has
been. a£:zj;_:*eg§ an 31,3§2{}{}8 am: as pm’ the
Eaaiagacte s§1 ::{»::f 1116: as$¢5i.§ aafiiii Eiabiiiiiea of {ha compaxzjg 3375 33
A Wwassfim
:%7210′:,z:’:€ Arrmfu ni-
-V Shzfit a3&2,81,{:@@ Fixeci Aasats £,64,2§39}3
u x V fie. Siiiphis Efieferreé ‘i”ax
Assstifietfi
M …_§..3;i}S€€E1I’€{i §.a:;%a:1s ¢h34,§1,Q§§ Nat. Carreni
Rsaetg 4,77 3325
Froiit & Less
ficcaum; 4,28,’?3,?5 E
‘}”ata£ $’;’§%,”?éé,”§é?é Tatal é;§?E§§,E§§
F»
/4/’
6. The Board of Ejirectars of the Trmxgfemr
Company by rtrsoiutjon &ai;po:~;e:i s.ch€me of amalgamation. Thereafie_;%’_ .C{§£i:§;;i§:j¢%j_ _
Apphcatian Na,’?5:2f2€}€)8 was iiieg by _–Ci;e.:’::jTfé§j:sf¢ro;f4
C0mpa11y S€fiki1’lg p€I’i¥3.iSSi{)I1 1:0 coi1Vene.T$épazfE£E:i:’ meeting .’
H18 Sh£:’LI’Eh{)}(fi€I’S ané cxfidiiom f:_>r the.3gi:rpas:”‘§*TfAégp§)r<§;vi§:g
the prepesed scheme. 8}; ::;r::ie1*v'VL'£,';.$'£'e::r1_ 12:2i'¢..i}t."Z:v58, figis court
permitted convexzing of the zifiéxfibem 311:1
also the Creditors of held 011
I.?'.10,2G08, 2;1»;fi+ :(::';.".+*€:r1i1;;<31"*s;L to eppose the
pr<)p0sedA*"sv:ii€:;fi1é seated in favaur of the
SC1'16II1é'. fiakasn Shzstty , chairman 0f the
meetings flit-7:1}? E:1i$9':~e'E;3Tr§:*i,%i:: this court 312(3) aubsequemly the
«_ 16;' baen flied in which flO?LiC€ was
~€:i:'r3:f;:*t:i;v h}?*.t§3;i3__c9u11 to the Rsgienai DiI"€CEC)1' as well as {G
__Eisjiéiéai0r, in rsspztansa :3 which 'aim Regianal
Di:"é¥;'to:* E.1a:3*?.V' flied an aifiéavit to this Registrar af Compagxies
a:::3_t21é"'z§i:icia1 Liquiéatm' has 3133 filed his repefét.
"EC 'E'he Transfarta Qamgany $23.3 itxcarporatefi on
2fi,?12Q(}S:' as a ?rivai:e: aimiieé {Zem;:)an§; by sharm undaar
{he ?[_}£'I3Vi;SiO3Z1S of ms Cempames Act having its registareai
Gfiice at @538} 1., 163 ft Raad, Endifanagazg Bangalerfi –
$66338. That at3.th0ri$€:;§ sham capitai sf aha '?i'2:;z::$fez'*€€
./0
Company is R$.14,(}O_,G{3,{)00[–{Rupees Fotirtaezx éifirtrfzg
Q1113?) divided into 14€)(}€)08O equity Shams of
Tha issued, subscribed and paid up share" V'
Transferee Compggy is Rs.10,€.§5GM, 61','{:8G«j
Crates Ninety I_,akhs Sixty 011:: '£'ho{r;3;as:1:riA.Si:c.i%E_7x;i':’V—- $}:;a1″é8 f» ‘V
each which are. fuiiy pa3′.:f’;~.;;p.
8, efhe _;:;:13j1:: VA jfififimpany £3 to
marzufzicturfi Iiifeegfiiéh ” .::VS%;$i3;?—-«;z11ergky ge:1f:~:rat1ZI:.g
equipment x»=;%_Eé3;§& ;,sr.}’V”i1:x:${€;fif1a%ivc;”fa6§$rces emf iiflfirgy arzfi to
design for Infiia and the
.:1eigE1§}:§’i,i§j3}g:1gV m&Huf.21Ciu:”€ Solar Tharmai
{3{}§.§&g”:~f€,}I.”S5 §5I;t:§iQ§Id;§tai:.r E$¥};:s&’uies, Smaii Wmd turbines 331$
. “–.Bi0>–m1§aa;;2;. <3=F;11e:a'£cf'S"Q'&n{i Qther sguipmexztfl A copy :31' E116
firficias “a:3i11ess Sines \§’£3;}.}F 298$.
“”§7′;3;é :;-jcztouzzts ef the Trarzsferae €,fi$mpan§g have beam auéiteé.
sigaé fiat: au€iiE:€{i éaiazme shes’: as :31: 3132068 is greazizzcefi
as Am2exm:’€~EET; anti. (3 is the psiiiien,
9, “”§”‘h:~: Bears} cf ?[}ir*a:;:.t9m zraf {ha Transfems
€Li¢:m1§321z1}; €313 8=8;.;Zi}(}8 reSe:>iU€é to agprmze tbs pmpased
./2
Scéhsma ef Amalgam.ai:i0:z,. Thereaftsr the {3Q.¥’.N0.’?:’33f2()fl8
was flied beibre this <:::3u1~1; waekiizg i3(fI'£11iSSiO1'1 '£9 comzaxw
3e:parate maetirfgs 0f the mambers and €?§"€dif:QfS 83.T1.:('§~ by
ordar dateé 1';2a9.2E.}{}8 this €€3111"E gmsntszi V.
parmissicn, 'E,i1c:1'&af'{.v:-:1' the meetizfigs wart: s:i%:sj:'iV:::1$:i' {§z1 T V'
1?. i.i}.2{}{}8 and five: {:1'€€§i'{.{§}."8 azffingiéii 'fi13_$'3id.;
uz1aI.:..im<::s11s}y appI'v£:<i the pr9p€;:se{i :<;§:§.§:€_:1I1ee "I'.E;i5::"<:ai'%€i'–:_'Sri .*.
Prakash SE1e'Et.t§;', Chairman saidg .3:1L1$:::'t§;1§-;VV§3;i£Ed'V' his 'V
rcsport: to this ceurt. :3;1b$eq'1£€;}% §}* C€g?.f'§<:;;. ":'1.1§.§{)G3 was
fiiffdw This (tour: 011 fiotice tr} E118
Fiegiena}. §}iI'EC.i(3.t§ 0f_ :£I1'v:3'.%f'}S13v(3E1SE is which
an afiiéiavéi, ?i31"'~*E;hé*;' "s;:~.f {Ibmpanies has bfififl, fiked,
_3_{}E:i§::at;ic::1 nf their r€s§ec1::’;ve patificns £11 “”?’I3€
Hméiz” aIic}:’i_’j’fiia1mada F-‘*ra’sha” and the 883116 was darm on
1. 1.2€l0 9g_fi:§<mg the daté of hmring as 28. 1.2339. Th-are has
A '~11' " §ge€:?:iE1~« :10 abjectim: fmm any quarter ta bath éhesa ystiiions.
13.. 1 ham Emarfi $16: igaznad CQXEIESEE far the
p€t’:it:r;{3:1ers and; the ieamgii C§}1131Sfi§ for YE}. iéarsha and
firm 1€Ei1″‘§§.€3{§; cmxnsai. fer £216 fkfiiciai L–iq_ui{§ais;}r.
//=
1.12:. Courzsai. £131’ £1136: yetitiarxem submifieé t§t1ai. ‘§::«Qi§3
‘Q16 ‘i’m.nsfemr iiempany as Wail as the *’}”ra:1$fere§…{;§i3:i:;:2é;11f;” V
are in the gauge ficki af husizmgs anti €Z331 ‘-§1CC{3′”L1fi’i M of V’
admi:;istr–1£?:ve C{)I},’£?€1’l.’EEI1CEi and eC0:ii§:iinic.«Vi3,bi1%t}f’T c’>f_’:7t;::’–%:W”;
ifomgarsies, the gxroposed -“S<V:hemé'._0i'_ merger: has n
approved E13,; the Boarfl Di' '.,,¢W;£;f€C.tQ'£'g~_' the "
sharfihokiers and crm;i§;ig1's {f'.i:=1;1pariy.'v–ATh{;ugh, in
i'€SpC3flS€: to the notice: ' f§SV$}11er"i L_{; :£;.":irV'£, the R'€g£o113}
Bircsctor has the proposed
Scheme: but; fig 39% of the shajts
of that .}h€1d by Fgreign 30$};
{:{)I’§€31″:g3:~t€§ ‘– in .bt’v:fic*:j::£iis;*:2<§l*atia11 9f the saiti C€}m§3£i}-'
§3umuam.« "£.=::__ th :: Jfiamalgamation iaeing appmved
{ha .. ¥%"a.§:1$:§€i'€€ V €3.Q1:a.pa:1y has to Comply with the Siammrfi;
.r5c:;L1;irc;m§::1ts 'z:Vr1{i€r Fereigzx Ex{:113n.g€ Managsmfirm 3:2: and
"(}§iE3',wz.?fIv"'I'?ft:iZ§;'$'i_i*E?(§fI};?!5l€V'iéf;S in the: matter Qf aiiézziimfini af shareg 1:0
'if}:I.e §3'0zt:ifg:1f3'V 306137 fjerporate unéer {he Seheme. Umier mess
, L«§:f–::f§J;m§,s?i:3::1<:t:s he submits {hat ihfim is 35;: iegai imyedizaeni
"iii "';;;:i%i:a:;1':3; gaxzctieza £01' £316 gmpéasazi Sifhfimfi Sifliifi 1:315
" " ~~v-'i":'*a::$§%3r{%& Eismyaily is si'a'€}»" %.;:'3u:3{§ 1&3 foiiaw $1316: s':a€':fiG:*y*
rsqjziiremfizzis <3'? P's::»r@ig:': Exqfiiangfi M'3_11agE:m€mt {wt ami
§§1:':;*:=.i5%31'§:? in ar'i€e2-as {Ff fiififfi %;&i:1g no m'.1".:§:" 9'§3j€:<:E_£(3;':,, €115
§.}€"3"§i'§_'i€§I'.3 5: hi: aiiisxxgfegi, //1,
13. Ciemmazi fist {E16 Regienai {}’ireci.c3r ha$.~’–.,ais:3
submitted $1113: in View of the ‘I’ra_n$fe:mc Cempam;
with that requirztmezits u.nd€£ the P’erc:ig11″ 1 ”
Management. Act there can be new “e:;a?.3jcc:i§n
S311-éfion to the proposed scheme étad
Liquidator who has filed his afiéi the *
Cfihaltered accountant W119 ‘fi’3S_H§}.If)iI£”£,§t(i {<5 {€16 beaks
of accauzxts and papeffs tIr1c:f, Compaziy has
statttd that thfi iiiiaé' "iézave 1191: been
<:03:1du.(:ted 1;}reju.aii<::iz'§13VVt:5VVV'fThe interest of fiflfi
x:a€mbE:1'$ "éf33:–. gis-b§i£i5 ::i;i15£"f3f,'€!SE?. 3.115%" 'fi::r'1'éf0re, a§)§I'O}}i'§3§€ Grders
may 'belpas$é:d; 3:"; €235: n::.*a1'1":_;fi.tE~:3: "
E'-. '.
34. “f=§avi3:g’ _%1éz3_;rt§§}ne iraugzzgei en, ‘é:;o’:3:1 Siciag am}; 031
__§3€IT.?’;:’f§:{&’s?::?i,§E(_,?V.§ 331$ ;11z§f.fi:?1£s3.1’s:’; raccordfi it is to be ::{>%;e<§ ihai iiwih
'§§i?sfi ' "§'ra:1$f:3f::s::* ' f;é::zz11pan§: as "$332-"€§§ as the 'Z';:":%:g;;s.f€:'mé Cem:_ga:}.};
351% 71:1: th%:: -§<;§;m?:e fieizti cf b":1SiI1CSS ané ihé rai:§c:}:1a1€ far thf:
p:2:;§2%:":3€:'£i§ séiaafize sf marge; is is aithisva maximum
. _ a!i:%$}:3iaELgf5.5 333:; haariizg 3 Singia Managamfifii in {he matter Gf
1<:é:2";*i:sEé21,z:£:€: xxsiiig §§i'&?€}'S€'. {';v{3v:::°nm<:::)"§; autimrities xxfiiiciti am
M V. .._I.'{;ii§"iE'Li"€{Ii. ta 'be §;8_E§e:t2. am? aisa far sharizxg sf Q15 faciiitias ami
:'e€i':_1<::"i0z1 iza arimiizigtraiiva cirats anzi thsrfiékgz Ea a<::E::Emz€
sc{;:'3;.<;:::'1ér:: Vif–1§3i§i1:i_§ mi' both. 131:: axomgaanies. /$4 t