Karnataka High Court
Vinarom Private Limited vs Nil on 21 April, 2009
§;Q,PjiQ.,_l;Zz;;3§E.§§=? IN THE BIGH C$URT 6? K§.R§iifi"Ai(fi fin?' Efifiififiifififi BATE!) THIS ms 215' may or AF'R§E. 2999' q' = 3E"F0§E 'ms i-£6?-FBLE F!fi.3U$3"1CE E-i.jGiA.fR}fi.?~1¥E.'?'si¢§j~.,.. : _': 5 '- éompam: Petiticn " 3ETW§§F4: VIi'\é';§sRC?E'*1 PREVATE LEMETTEU PLGT N326, 2%' megs: 31613.93: INDUSTRIAL AREA AREEKAL TALUK, Jiiifisfxzi _ 5 ' _ KARNATAKA ~-- 562 105- V -- " mssfziraaaa (av SR1 sm.m_<:§:--§--§; éff*":9fi;s.%j3%.i:.q . L:-:£31g%.L; §g:§%50c;fi'E$.; ARE}: 1 4' ' . _ MEL = V ' ..RE$ifi€3i%éi§E§§'1" (87 MS. PREMEQ aAT'¥I,V::.+s;s;c;-Ema R.0.C.) Tfiies P EE"{Ti(Z;N 1S...FI_i;E8 UNDER SEC"?'I€)§\i£§ 391 Y0 3%; * ,.F"TnE'%'{:Gr«s'PAN:Es ACT, iéss, PE€AYi§'~éG T0 i~3fi.i'%iC"§'ii'3i"~i mg Sf.;H§_!~?'§f:'__ z:s'.%'4.M2;2Am@EMEmT (A!~éf~2EX£.1RE~A) BE"f'Sfi!EE!'§ GIVAUQAN.,_,"{1¢m"a:A.§_j.. PRIVATE LKMETEIB AME ezamumaz FLAVOURS {ifiztiamj PR:v'fi::"E LIMZTEQ WZTH VENGRGM ' VWJRIVATE L1£METED_. mm THEIR RESPECTIVE SHAREHGLDERS, S.-E} AS TC' BE' BI'i3E3DI?\i€3 Gfii THE TRANSFERGR Cfif"iP:i'ni'\fiES fifii} fmffi TRA§:s3§f:EREE comma? mi) Ti~*iEi¥ii RES§3EC"¥"i%£t: M '=.S%~i;jfi£«iE?i__f3LB'E£2S AWE CREfi§TUE"{$, Am) mi €33'?-§ER rsfiszaszmzs Afaiifi Efi-V"3"'C".~«,_,.. 'ETHES PETITEON COf"E§;f*é{3 GN FGR ORBERS 'ifiifi £_);5:""f, 'T : T'HE--E20UR'¥' MADE THE FGL¥..£)wI?JG: ;§Q.!.i!?1fi.,{.}1,',..i:..g£:éf~l§§.E.m9; distributors of and deaiers in perfumes, fragrans;esg~«,T flavors, arcmatics, essentiai oéis, scentg, essesr1.€:e:¢:;;,_' Eoiions, rouge, paints, sachets and saits as":6_..ei';_7:,~--;..,V.' 5. The second transfemr (::::;Ar*:';;?;:a':~*'~..s),z' incerperated on 26.35.i994w'T w«é.:h tV:i1e ¥?.eg;§;%.ir3r...,Qf.:3 Companies, Maharashtra,..Vundg-r~:V§§.i§ehamé érzd .s£y§e c-f" "Smruti Cosmetiag and subsequentiy, thzia was changed the name 3? the Cempany: " ES' - {India} Private Limit "' reggsterad mfice is situate _a_t: Né;-1&1...'.~f\kr.u{i""VCentre Point, 4"' Féeor, ""x'--.'j:értix::.ikai_'fiA:§'k'~%:;f:ar:ge of name is V vesteegi_v'T' !'é'e§:§i_3ff3«f of Companies, §.vtf§;= '_'£*ra:§_sfe£x1ér'e has 59 obtain a;:;,:3£4£3_.sgf.€;.' --';§If):3':e3'1f;."5E€?t.?§§{¥__£2I of the C0mpar;§e§;'~..§c:t;:.;::: Registrar sf Com;:{ani§.e§,A'_;"cvr' the: change of name T;:;r¢pcSs5:1.i}éLjV'c}éu;§ta.i6 cf the szrneme. 3. As the?' en;-;re gnakés of the transféror ANo.i"v*~~.~;-we hem' by a Foreégn :.fb';73p.3(:;{.: «..Viff2a_ transferee company has to mkngéiy fhé requiremena of FEIW and' _ R5,: Act? ';'f;my, for aiiotment of shares :5 me V gharté-:fi§§i'ders of the transferor campsngx . ra §3£y, the petitioner-«Company has fsiea £i:s arféfiavit W §;".Q«_E;_?iQ;.£_f£;§§2.§i3ff after giving affect me cause 3.G(v)(<;} of the Schema'-~.»T wiii be transferred ta the share premium accou.sit '_»§§§' the petétiener-Ccampany (transferee Cc):.*r1pa_r;yj')j:"._'~--...V3;ié.A_T.:§~§"_ % T' ctarifted by the Bombay Hégh Cc;:;§rt;::€rzaf'«.:?ée order dated O3.G4.2§(i)9 wiiiybg men t:c2»""z~.-:g_:;:4%;4:_vi_1ar'_j'; statement/agreement on the péz%:: csff th e"«p§et€t:ar :er~ transferee Company ais€3;~ T' __ 10. The petitiQ.n4eé§ff'giia:t§§$é%i3g: affifiavit dated izmt in ciause 1Q(v)(ci) is?tag%%$;é%i;§:n;:¢;j,k'%j:he*5;-:c;é.ss in ma ghara premium ?3c;f;3u%1t« iraasferar Cempameg after givéng effefit 1:97 10(v)(::) 5?' i:m:~: Scheme §3Vé'L"!:i?*airis.*Fé;rrfied t<V:{""i:'i'ie share premium account at' th2é--- ny. 11. Lé'a§fi 3 d'§ounsei appearing far tha Registrar 3% submits that size has no abjectim far _1_g%'an%; 6' the Scheme 9? Arrangement at afinnexagre-six. its "the prepcsed Scheme of Arrangement wsusd be beneficiai to bath the transferor Cempanées ans me W % %f%.:?;f;> fk'0*09 aiiaweci. _ ggj _ §;°9:.£?..:'¥q..;' ?:"z:F:._zi}.;9 transferee Cempany, I deem it appmpnate ta", sanction the Scheme of firrangement at Annexu'rée§{;"4L:"'V;~ Accerdingiy, I make the fsikawing erder: (i) the Scheme of Arraf§ge:ffieg;2't_TT Annexure-A is hereby $ancf1iQ_r': @;i. sub:§ e; :;f*i:'v '~ V' to the undertaicmg A.:aet:€::g%1-gr?~-- ""'W Company in fine Va_;fE*§:§ax:§§ts. ':3f31,:;'g;;§_} 09.04.2099
and M4é;:*:%:%:A,§%e~:.i on em
i::eha£f and vrefe r:’c.=-.f.f_c;i_v’*c¢_ .:駒é§e
(H) Registry; t’Ci;:[. ?§’éra=e%: L;2;:«:.’~’:a Farm
No.4::’; ” ‘ W »
(iii) the”pei;§f;iéfi:é§:f-4{it}-:§:jpé:§y’_”‘s§:’éiE fiie a new
cff~_ fine Registrar 3%
C9h*:ga;2-ies’- days fmm the
giate 5? zӎgei:)t 3.: com; of this ercsr.
Sd/–_’
Judge