IN THE HIGH COURT OF KARNATAKA AT
DATED Tins THE 16*' DAY OF SEPTEM'B.ERjV2~OU§ A
BEFORE;
THE I~i0N'BLE MR. JUSTICE Ai~iAHD EyE_iAfHEDiy5Y* C "
COMPANY PET1TioiSiWi;ig. SHOE T2009;
BETWEEN:
Wipro GB Hea'itIiۤ,ai'e A. C
A company,iiic*Oi'por_a.tedpnder the provisions of the
Companies i;956"'and"ii.'fayirig..its "Registered office at:
A-- 1, Golden yAEnc1a'*:e. _ Ai_1fpO_1*1 Road, .
Banga:Iore'+560V E 'C
Represented by its Chief" i?.i_n'a:1ciai Officer,
Clinical Sy;stems,V M_r.Dv.}'xiWan. . .. PETITIONER
= _ 'iSh§iC,:Rayap}ia' PIada'gaii, Advocate)
RESPONDENT
(By Sin::’Prema Hatii, Central Government Counsel for Registrar
ofiloinpanies)
>I»ii=>§<
This Company Petition is fiied under Section 391 to 394 of
the Companies Act, 1956, praying to sanction the scheme of
arrangeinent–/Xnnexure E'. in {he Petition, so as to be binding on ail
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the members and creditors of the petitioner/Transferee Company,
aiso on the petitioner/Transferee Company.
This Company Petition coming on for O1’de1’sé..t_iiis’:.the
Court made the following: — ” *’ i
The Registrar of Companies haying been ‘yyigtanteij time;
repeatedly over months, has failed “to: file statement objections.
It is in this background th’a.ti:i”the’petition”isdisposed of.
2. The peti’tioner;is ‘tiie:”:trans:fe1’ee’. –.coinpany incorporated
in the State of iii; the name and style of M/s Wipro
GE Medical_VhSyste»ms:_Priyate Limited and subsequentiy the
office iiiévavshfansferred to Karnataka on i2.8..1994 and
s_i_t1ie1i_eafter,_:ti1.e* name of the company was changed to M/s Wipro
GE._f{ealth Private Limited on _l_6.i.2007.
3.__’i’he registered office of the petitioner – company is at
‘Barigalore. The authorised share capital of the petitioner —
-“Company is Rs.l.0,0U,0O,U00/– divided into i,O0,00,000/– equity
shares of Rs.10/–. The eiige share capita} of the petitioner —
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scheme at the respective meetings held. The chairman -upon
further meetings had filed individual reports before this Court on
18.3.2009 which were duly accepted by this Court
5. Thereafter, the present company appliiciatiojn.
seeking that the scheme of arrangeiment ‘bei”.sa1i1jctioried.,V:this it
Court. Notice was ordered togtghe Regi’ona~! DirecitorriCherinai, as.»
already stated on 2.4.2009. Adivertisemeints also taken out
in Newspapers of the propic’sed’._sarictio-n’of the scheme. There are
no objections re’c_eivedi fE”.40i.I’i7~l’…EIl’ly quarter.
6. ” _Havin’gw._re-gard”—£o”‘the Regional Director not having
chosen” _to riigany objections and there being no apparent
iiiiifiyrimity iiinthe scheme being sanctioned in the light of all share
“aoi’d.ers;”secttred”and unsecured creditors being in favour of the
same, thieascheme of arrangement is hereby sanctioned binding on
2’ i..fjai1’ithe members and creditors of the transferee — company as also
2 the petitioner. The petitioner shall fiie a copy of the order of this
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