Shree Renuka Sugars Limited vs Nil on 10 February, 2010

IN THE HIGH COURT OF KARNATAKA AT BANGALORE
DATED THIS THE 10"! DAY OF FEBRUARY, 

BEFORE-

THE HONBLE MR.JUS'I'1CE R1!XM..M0.HKN"%%VEi3I£)'fi;V  

COMPANY APPLICATION;I'NO:I.68I OE-2b,_I'»0    '

BETWEEN:

SHREE RENUKA SUGAIEES IC_.II\/I-'i.'I'.I:3~Da_ 

A COMPANY INCORP0RA"1'E£)wIUNDIER ._T'IIE
COMPANIES AC", 195.~6--IriAV'INC;I"I1'S y-
REGISTEREIJOFEICE Afi'_:I:3C-.4VI.'O'i;_V I '
HAVELOCK, I'aOA1)_, CANT.ONI_\{IE.NT ' 
SELGAUNI     "  

KARNATAK?'~.{'i1'3'1E?.1A  _ I "  
REPRZESENTTISD I-I:EI'?CEIN' BY ITS MANAGER
CORPORATE AEEAI 'A  
MR. RAIVIESH  

 " " V -  APPLICANT

[BY ,E'/I._/E3. KING 8:. .vPAI%1'lIR.II)GE. ADVS. ,)

  NIE  x.7  "    ... RESPONDENT

‘I_’HIS.?’~”COMPANY APPLICA’I’IOI_\I IS EILEO UNDER
SECTION 391 OF’ THE) COMPANIES ACT, 1956, R/W

OF THE COMPANIES (COURT) RULES. I959,
PRAYING THIS I”IO1\I’BLE COURT FOR AN ORDER THAT
‘GNOME-E’I’II\§GS BE HELD AT THE REGISTERED OFFICE

THE APPLICANT OR AT SUCH OTHER PLACE AS

” ~-“MAY BE DETERIVIINED BY THIS ¥ION’BLE COURT OF

I.)

THE EQUITY SHAAREHOL-DERS AND (3REI’)I’fORS
(BOTH SECUREI.) AND UNSECURED) OF’ ‘THE
APPLICANT FOR THE PURPOSE OF C?ONSIDERIN.G

AND IF THOUGHT FIT. APPROVING WI.’l”_A{“:{‘__’A-
WITHOUT MODIFECATION. A
ARRANGEMEZNT PROPOSED TO BE MA1;)_E”-«BE?I’WEEN _

THE APPL1CA_N’1’. ITS MEM13E_R$.__AN:) ‘(;:Rf:.1)’1’If’oRs

{BOTH SEZCUREZD AND UNSECLJRE1)’; 1N:Rh:1s_£rE;§:j’*QF’«
“_1_’HE SHCEIME OF AMALGAMA.’1’Ic>N~ ‘ or ‘G.C)DA\’f–A¥i’;1:
BIQFFUEL PRiVA’1’E LIMITEI) A’ND=– RA’1′,HANAPRABH.A’AV%L

SUGARS LlM1″1″EI’) v~./rm “1’I?i¥;_vAV¥_’PI,lCAN*.ifVAND._;”7ETCA;’.

THIS APPI.1cA’151_O:\: (jAoM1:€I.C{:0N FQAARVAVVORIDERS
THIS DAY, TI-IE COUMA3{)_El:’»’IHE3–I%’QLLOW1NC}:

The. a._v_{)rA:T1péi’_1’1y_’i::1_r::0rp()1*aied under the
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State of Ka1r;T1a'i.£;k;.1A:V'a1S'ss§§i_:~(:~iA1.1. in ixhcé czrause 1.1119. for short'

'T1"a1'1:~;fe1'sh H. Pa.i.i.1. {.1163 Manager ~

‘7C'()r”p()z”at,e Affetiizs of the app§i(:ant.. The 21udit.<:=d

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accm,1111′:s of the 2:1;:’)pli(‘212’1I n’1z1de 1.: p to 30″‘ Sept’.embe1*

2009, Am1exu1’e ‘BI discrloscs its assets and iiabiiities.

3. The Board of 1″)i1*ec~tor:-; of me appIiea11t in

the meeting held on 20%” Febru2′:11*y 2009. z:1})p1*c.)ye.c1i”‘Tithe

scheme of arna1ga111at’io1’1. Annexure ‘G-‘. _v;fIir:%1*<-3$;:._r1__'L'.rx3:__;_*'« _

M/s.Godavari Biofuel P1'ivate MLii11,it(';aj"n. M/5.

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Act and reg_2;ist.ered in EI"1c=:'_E~3–I.§'11e or :"\_/3Va11';1_1'awés'1:1.1_1f;1 are. 0

proposed to be nu-:1"g,geg1 with t.i1e'»appIicaIi't.:«

4'. 2 'It "i:;fe1eLL?(i_"i'–1"1a_€ I. }'1e1'c are atppmxilnatzely

34,849 €.uij1,_;i1y as on 30*" September 2009

anal-3'.:inV fhat 1*e.ga17Ci ___ __1fL:,wc p1'0durted the list; A.r1ne.xure 'LI

' d1L1'}V ec:1'"ai1'i«€:€iv _bV the Com mm' Secretarv. it is further
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An11.eX1.1'1fe 'R/i' and there are 819 unseCure(.i c:.~redii"01*s 21.3;

910101300?" Sep11embe1' 2009 as per list: Am1ex1e.1r<3 It is

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Stock E3x<.é}1z::.1'1ggc-r 01' India 1.i11'1i1ec.i hz1ve exa'en'd¢'d_ "=i_n

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