Order under section 232
FORM NO. AMG.10
[Pursuant to section 232(3) & rule 18]
Company Petition No of...... of 20 .....connected with
Company Application No..... of 20....A.B. & Co. (Ltd.)‐(in
liquidation, by its liquidator'.............................................) Petitioner
Before the Hon'ble Mr ......... | , Member. | |
Dated........... |
Order under section 232
Upon the above petition [and application'] coming on for further hearing on ..........upon reading etc., and upon hearing etc.
THIS TRIBUNAL DOTH ORDER
That all the property, rights and powers of the transferor company specified in the first, second and third parts of the Schedule hereto and all other property, rights and powers of the transferor company be transferred without further act or deed to the transferee company and accordingly the same shall pursuant to section 232 of the Act, be transferred to and vested in the transferee company for all the estate and interest of the transferor company therein but subject to nevertheless to all charges now affecting the same [other than(here set out any charges which by virtue of the compromise or arrangement are to cease to have effect)]; and
That all the liabilities and duties of the transferor company be transferred without further act or deed to the transferee company and accordingly the same shall pursuant to section 232 of the Act, be transferred to and become the liabilities and duties of the transferee company; and
That all proceedings now pending by or against the transferor company be continued by or against the transferee company; and
That the transferee company do without further application allot to such members of the transferor company as have not given such notice of dissent as is required by clause of the compromise or arrangement herein the shares in the transferee company to which they are entitled under the said compromise or arrangement; and
That the transferor company do within 14 days after the date of this order cause a certified copy of this order to be delivered to the Registrar of Companies for registration and on such certified copy being so delivered the transferor company shall be dissolved" and the
Registrar of Companies shall place all documents relating to the transferor company and registered with him on the file kept by him in relation to the transferee company and the files relating to the said two companies shall be consolidated accordingly; and
That any person interested shall be at liberty to apply to the
Tribunal in the above matter for any directions that may be necessary.
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