Oshin Global Pte. Ltd. And Another Vs Mayuka Holdings Private Limited

National Company Law Tribunal Hyderabad Bench-I 4 Feb 2020 CA (CAA) No. 11/230/HDB.2020 (2020) 02 NCLT CK 0003
Bench: Single Bench
Result Published
Acts Referenced

Judgement Snapshot

Case Number

CA (CAA) No. 11/230/HDB.2020

Hon'ble Bench

Ratakonda Murali, J

Advocates

Rohit Pogula, Tarun K.

Final Decision

Allowed

Acts Referred
  • Companies Act, 2013 - Section 230, 231, 232

Judgement Text

Translate:

(4) It is stated since the Applicant Company was incorporated on 21.06.2019, its financial statements for the first Financial Year will be closed on

31.03.2020. However, the Applicant Company has submitted unaudited Balance Sheet as at 21.08.2019, which is annexed and marked as Annexure

2.",

Particulars,Unaudited Balance Sheet as at 21.08.2019

Equity and Liabilities,

Shareholders' Funds,

Share Capital,"6,63,94,120

Reserves & Surplus,"49,78,74,750

Non-Current Liabilities,

Long Term Borrowings,-

Deferred Tax Liability (Net),-

Current Liabilities,

Trade Payables,-

Other Current Liabilities,"4,000

Short-Term Provisions,"66,800

Total,"56,43,39,670

Assets,

Non-Current Assets,

Fixed Assets,

(i) Tangible Assets,-

(ii) Capital Work in Progress,-

Long Term Loans and Advances,-

Other Non-Current Assets,-

Current Assets,

Trade Receivables,-

Loans & Advances,"56,40,00,000

Cash and Cash Equivalents,"3,39,670

,

,

Other Current Assets,-

Total,"56,43,39,670

to be allowed.,

ORDER,

13. As a sequel to the above, we hereby order dispensation of conducting meeting of Equity shareholders of the Applicant/Transferee Company.",

14. In any eventuality when the Applicant Company approach this Tribunal for seeking approval of the Scheme, it would be open for any person who",

is interested in the Scheme to put forth their contentions before the Tribunal.,

From The Blog
Delhi High Court Grants Default Bail: Extension of NDPS Investigation Without Notice Violates Article 21
Dec
15
2025

Court News

Delhi High Court Grants Default Bail: Extension of NDPS Investigation Without Notice Violates Article 21
Read More
Madras High Court: Honour Killing Still Plagues Society, Bail Must Be Rare in Grave Offences
Dec
15
2025

Court News

Madras High Court: Honour Killing Still Plagues Society, Bail Must Be Rare in Grave Offences
Read More