Mohd. Sharief Tariq, Member - (1.) Under consideration are four Company Petitions No. CP/170/CAA/2017, CP/171/CAA/2017, CP/172/CAA/2017 & CP/173/CAA/2017 filed under section 230 of the companies Act, 2013 r/w the companies (Compromises, Arrangements and Amalgamations) Rules, 2016. The purpose of the company petitions is to obtain sanction of the scheme of Arrangement (in Short, 'Scheme') for Amalgamation by virtue of which M/s. APL (India) Private Limited (hereafter referred to as 'Transferor Company-1'), APL Agencies India Private Limited (hereafter referred to as 'Transferor Company-2'), CMA CGM East & South India Private Limited (hereafter referred to as 'Transferor Company-3'), CMA CGM Global (India) Private Limited (hereafter referred to as 'Transferor Company-4'), NOL Properties (India) Private Limited (hereafter referred to as 'Transferor Company-5') are proposed to be merged, amalgamated and vested in M/s. CMA CGM Agencies (India) Private Limited (hereafter referred to as 'Transferee Company') as a going concern. However, the Transferor Company-4 and the Transferee Company are registered with ROC, Mumbai, Maharastra State and fall within the jurisdiction of NCLT, Mumbai.
(2.) The Details of Share Capital, Shareholders, Secured & Unsecured Creditors of the Companies are as under:
(3.) The Transferor Company -1 is a Private Limited Company, having its registered office at New No.8 (Old No. 15), 2nd Floor, Whannels Road, Egmore, Chennai-600008. It is a wholly owned subsidiary of Transferee Company and is inter-alla, engaged in providing shipping agency support services. The Transferor Company -2 is a Private Limited Company, having its registered office at New No.8 (Old No. 15), 2nd Floor, Whannels Road, Egmore, Chennai-600008. It is a wholly owned subsidiary of 1st Transferor Company and is inter-alla, engaged in business of support and functional assistance in the discharge of human resource, finance information technology etc. The Transferor Company -3 is a Private Limited Company, having its registered office at No. 2, 9th Lane, Dr. Radhakrishna Salai, Mylapore, Chennai-600004. It is a wholly owned subsidiary of 1st Transferor Company and not undertaking any business.;