{"id":88007,"date":"2009-04-06T00:00:00","date_gmt":"2009-04-05T18:30:00","guid":{"rendered":"https:\/\/www.legalindia.com\/judgments\/indus-fila-limited-vs-nil-on-6-april-2009"},"modified":"2014-01-29T20:01:05","modified_gmt":"2014-01-29T14:31:05","slug":"indus-fila-limited-vs-nil-on-6-april-2009","status":"publish","type":"post","link":"https:\/\/www.legalindia.com\/judgments\/indus-fila-limited-vs-nil-on-6-april-2009","title":{"rendered":"Indus Fila Limited vs Nil on 6 April, 2009"},"content":{"rendered":"
Karnataka High Court<\/div>\n
Indus Fila Limited vs Nil on 6 April, 2009<\/div>\n
Author: H.G.Ramesh<\/div>\n
(LA. No. 169\/ 2009\n- 1 -\n\nIN THE HIGH COURT OF KARKATAKA AT \n\nmrmn mzs THE 6TH DAY 01? APRIL  5 ..__f  ;_. A' \n\nBEFORE\n\nTHE Horz*nLE MR.JUSTICE';\u00bb'I+I.(:3*%4R+5.\u00a7ui_QE$'\u00a71i'----: \"   'V   1:'\n\ncommm AI'l*L!{3A'i\"\u00a7\u00a3\u00a5\u00a3_i rm .=1_69i   \"  \nBETWEER; 1'  V ' 'V  \n\nINDUS FILA my-z1*:\"a\u00a7\nREGESTERED OFFECE AT\n285,3?*rIi KM STONE   A\nTUMKUR man, 'i'BE(}_UI~72   _  _ ' ._\n\nNELAMANGALA   5 '~ _  - \n\nBANGALQRE     * _    APPL1cAm*'\n{BY SE1 USA'? SH.\u00a7{b{KAI<", Am?.;}. '\n\nNIL   " _ '      RESPONDENT<\/pre>\n
TEES coa\u00a7P..\u00a7N’&’..AP\u00a7L1CA\u00e9*10N IS F’iLED UNDER SI\u00a73C’1″‘iON
\n.391 C3F’,.’1?}-IE COMPAHEES ACT, 1955 PRAYING FDR AN ORDER <39<\/p>\n
,j'T':–:.z\u00ab; MvE1\u00a7*rz:aras.%. To aE'HE:Lm AT 'THE REGISTERED OFFICE 012*
\nTHE '\u00a3'.QMPANY_S\u00a7TUATED AT 235, 37m z~;.1v;. STONE, TUMKUR<\/p>\n
R'\u20ac!A'if3, 'F;BE-QURVAVNELAMANGALA, BANGALQRE-562 123 OR AT
\nGTHER-T'_PL\u00a35\u00a7CE.,VBiB.T'Mf1Y DECIDED BY THE HONBLE COURT; OF'
\nTHE 'SH!xREHOL'DER8 AND THE SECURED AND UNSECURED<\/p>\n
Z '"r':I2Er_:=i*1t<3Rs_\u00bb:;"~,:1?\u00abf* \u00a7".1*1\u00bb~iE ABOVE CGMPANY FOR THE PURPOSE OF<\/p>\n
CONSIBERINC3 VANS IF THGUGHT FIT APPRGVING WITH OR<\/p>\n
.4ff'11': -'L5;1*m0uT " . :gIC}DIF\u00a7CA'1'iOI*I A SCHEME 011* &MALCzA1\\riA'T'ION
\n__*E5iHERE\u00a5;.\u00a7NDEE-I THE 'I'ULiP APPARELS PRIVATE LIMITED 18
\n\u00abPI' TO BE AmL,GamTm wrm ENQUS FEXA 1,zrm’E<\/p>\n
\u00a3\u00a7i’f_\u00abIEZ3._E”I’C.’:*.A,. —<\/p>\n
  f  mis COMPANY APPLICATIQN comma ON {:02 ORDERS,
\nA THES my, THE caum MADE THE FOLLOWING:<\/p>\n
c.A. 530.159\/T2009\n<\/p>\n
– 2 –\n<\/p>\n
0 R D E R<\/p>\n
in this application filed under See\ufb01on 391 of—__ti1e<\/p>\n
Companies Act, 1956, the app1iCaI1t~–M\/S. <\/p>\n
Limited has sought for holding of meetings i’~ ft:s,  M<\/p>\n
Sharehulders, Secured Creditors <\/p>\n
to consider the scheme of  ‘ a1:  Aim{\u00a7.xure\u00ab}.
\nThe scheme is proposi2ig_ t;0_ A  .3 company by
\nname Tulip Apparels Privat\u00e9 jLi7Vnitv2’d” {fie applicant-<\/p>\n
Company.\n<\/p>\n
2. I   \u00e9\u00e9\ufb01\ufb01sel appearing for the
\napplicant    \u00a7\u00a7\u00a7;s1\u00a7}icati0n\/ ai\ufb01davit.<\/p>\n
3. Having  ‘to  ‘rh\u00a3\u00a7  facts of the case, i deem it<\/p>\n
    applicam:-Company to hold the<\/p>\n
  for. Accordingly, I make the foilowing<\/p>\n
V hrder:\n<\/p>\n
 ..  .iii’1\u00a2\u00e9 app1icant-Compa:1y is permitted :0 hold
\n the matings of its equity sharehelders,
\nsecured creditors and 1.}I}S\u20acCL11’\u20acid creditors an<\/p>\n
3031 May 2009 at 10.30 a,m,, 11.80 am. &<\/p>\n
1.30 p.m. r\u00e9spcctively at No.17 D (B4), 1<\/span><\/p>\n
ii   “169\/20()9 is aiiowed accordingly.<\/p>\n
 hkh Judge<\/p>\n
<;:.A. No.16')\/2009
\n_ 3 –\n<\/p>\n
Main, 11 Phase, Peenya Industrial Area,
\nBangalore — 560 058; the quorum for .,
\nthe meetings shall be five;  H 4′ ii  i<\/p>\n
(ii) the voting at the meetings ehail
\npol} and proxies shali  to’  j_
\nand vote at the meetixigs;     \u00b0
\nsigied shall be  iiours “tile
\nmee\ufb01ngs; 5      <\/p>\n
(iii) the Chairman  .i   be
\nMr.N’i’\u00a5;in     and
\nzaaianagngiairecgtijif \u00abCompany;<\/p>\n
(iv) the   ..i$s\u00a5;1ef.’vi3icii\u00a7iiiual notices of
\nthe 1   Shareholders,
\n  andwiijinsecure\u00e9 Cre\u00e9itors;
\nifhe: aleo take out a common
\n to all the meetings in<\/p>\n
 “the  daily – “The Hindu” and in the<\/p>\n
_ V.   “Kannada Prabha”, Bangalore<\/p>\n
   —  or before SE31 May 2009;\n<\/p>\n
i’   shaii \ufb01le the report of the
\n aiieeiziilgs within 14 days \ufb01om the date of the<\/p>\n
iiiee\ufb01ngs.\n<\/p>\n
Sd\/-.\n<\/p><\/p>\n","protected":false},"excerpt":{"rendered":"
Karnataka High Court Indus Fila Limited vs Nil on 6 April, 2009 Author: H.G.Ramesh (LA. No. 169\/ 2009 – 1 – IN THE HIGH COURT OF KARKATAKA AT mrmn mzs THE 6TH DAY 01? APRIL 5 ..__f ;_. A’ BEFORE THE Horz*nLE MR.JUSTICE’;\u00bb’I+I.(:3*%4R+5.\u00a7ui_QE$’\u00a71i’—-: ” ‘V 1:’ commm AI’l*L!{3A’i”\u00a7\u00a3\u00a5\u00a3_i rm .=1_69i ” BETWEER; 1′ V ‘ […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_lmt_disableupdate":"","_lmt_disable":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8,20],"tags":[],"class_list":["post-88007","post","type-post","status-publish","format-standard","hentry","category-high-court","category-karnataka-high-court"],"yoast_head":"\nIndus Fila Limited vs Nil on 6 April, 2009 - Free Judgements of Supreme Court & High Court | Legal India<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.legalindia.com\/judgments\/indus-fila-limited-vs-nil-on-6-april-2009\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Indus Fila Limited vs Nil on 6 April, 2009 - 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