Authority: National Company Law Tribunal, Division Bench, Court - 1, Ahmedabad
Order Date: 18/06/2026
Case Overview
This is a Company Petition (C.P.(CAA)/30(AHM)2026 in C.A.(CAA)/13(AHM)2026) filed by Ankur Scientific Energy Technologies Pvt. Ltd. and ANJ Infrabuild Pvt. Ltd. (the Applicant Companies) on 11.06.2026 under Sections 230-232 of the Companies Act, 2013. The petition seeks approval for a Composite Scheme of Amalgamation between the two petitioner companies. The Tribunal's First Motion order was passed on 13.04.2026 in CA(CAA)/13(AHM)2026. That order had dispensed with the requirement to convene meetings of the equity shareholders of the applicant companies. It had directed the convening and holding of meetings of the secured and unsecured creditors of the Demerged Company, while noting that there were no secured or unsecured creditors in the Resulting Company. Chairman's reports dated 01.06.2026, which approved the scheme, have been placed on record.
The principal purpose of this hearing was for the admission of the petition and to issue directions for the next steps in the process, including publication and notices to statutory authorities.
Final Outcome
The Bench, comprising Mr. Shammi Khan (Member Judicial) and Mr. Sanjeev Sharma (Member Technical), admitted the petition and issued specific directions:
1. Notices are to be issued to all authorities specified under Section 230(5) of the Companies Act, 2013, read with Rules 8 and 16 of the Companies (Compromises, Arrangements and Amalgamations) Rules, 2016. These authorities include the Central Government, the Registrar of Companies, the Income Tax authorities, the Reserve Bank of India, the Securities and Exchange Board of India, the Competition Commission of India, relevant stock exchanges, and other sectoral regulators likely to be affected.
2. Notices must be served by all modes, and an affidavit as proof of service must be filed within 7 days.
3. Specific email directives for service of notice in Form CAA.3 were given:
- To the Central Government (Ministry of Corporate Affairs) at rd.northwest@mca.gov.in
- To the Registrar of Companies, Ahmedabad at roc.ahmedabad@mca.gov.in
- To the Income Tax Authorities, with a copy to the Principal Chief Commissioner of Income Tax, Ahmedabad at ahmedabad.pccit@incometax.gov.in
- To any other concerned Statutory or Sectoral Regulators, if applicable.
4. The petitioners are directed to publish a notice of the hearing in two newspapers: one in English (Financial Express, National Edition) and one in the vernacular language (Gujarati, Gujarat Edition), as per Rule 16. An affidavit proving this publication must be filed.
5. All authorities receiving notice are directed to file any representations they may have within 30 days of receipt. If no representation is received within this period, it will be presumed that they have no objection to the proposed scheme.
6. The matter has been re-listed for the next hearing on 31st July 2026.
Topics: Corporate Restructuring, Legal Procedure, Regulatory Compliance