IN RE: USHA BRECO REALITY LIMITED Vs. STATE
LAWS(DLH)-2014-9-316
HIGH COURT OF DELHI
Decided on September 12,2014

In Re: Usha Breco Reality Limited Appellant
VERSUS
STATE Respondents

JUDGEMENT

- (1.)Co. Appl. 2025/2014 (on behalf of the Regional Director for condonation of delay)
This is an application filed by the Regional Director seeking condonation of delay in filing the reply.

Learned counsel for the petitioner submits that Petitioner has no objection to the delay being condoned in filing the reply.

In view of the above, the delay is condoned and the reply is taken on record.

The application is allowed.

Co. Appl. 2010/2014 (on behalf of the Official Liquidator for condonation of delay)

This is an application filed by the Official Liquidator seeking condonation of delay in filing the report.

Learned counsel for the petitioner submits that petitioner has no objection to the delay being condoned in filing the report.

In view of the above, the delay is condoned and the report is taken on record.

The application is allowed.

CO.PET. 365/2014

1. This second motion joint petition has been filed under sections 391 to 394 of the Companies Act, 1956 ("Act") seeking sanction of the Scheme of Amalgamation ("Scheme") of Usha Breco Realty Limited (hereinafter referred to as Transferor Company) with Usha Breco Limited (hereinafter referred to as Transferee Company) (hereafter collectively referred to as Petitioner Companies). A copy of the Scheme has been enclosed with the Petition.

(2.)The registered offices of the Petitioner Companies are situated at New Delhi, within the jurisdiction of this Court.
(3.)The details of the respective dates of incorporation of the Petitioner Companies, their authorized, issued, subscribed and paid-up capital have been given in the Petition.


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