Transferee Company 3 definition

Transferee Company 3 means Augusta Club Private Limited is a company incorporated under the Companies Act, 2013 having its registered office at 29th & 30th Floor, World Trade Center, Brigade Gateway Campus, 26/1 Dr. Rajkumar Road, Malleswaram-Rajajinagar, Bangalore - 560055 was incorporated on 1st September, 2016 (CIN U74999KA2016PTC096214).

Transferee Company 3 shall have the meaning assigned to it in Recital B hereto. The expressions, which are used in this Section IV of the Scheme and not defined herein shall, unless repugnant or contrary to the context or meaning thereof, have the same meaning ascribed to them under Sections I, II, III, or V of the Scheme, the Act, the IT Act, the Securities Contracts (Regulation) Act, 1956, the Securities and Exchange Board of India Act, 1992 (including the regulations made thereunder), the Xxxxxxxxxxxx Xxx, 0000 and other applicable laws, rules, regulations, bye-laws, guidelines, circulars, notifications, orders, as the case may be, including any statutory modification or re-enactment thereof, from time to time.

Transferee Company 3 means PJSA for the purposes of Part V of this Scheme.

Examples of Transferee Company 3 in a sentence

• The Transferee Company 3 shall take such actions as may be necessary and permissible to get the same transferred and/or registered in the name of the Transferee Company 3.

• The taxes paid shall be deemed to have been paid by or on behalf of the Transferee Company 3, as the case maybe, and on its own account and therefore, the Transferee Company 3, as the case maybe, will be eligible to claim the credit / refund of the same and is also entitled to revise returns, as may be necessary, to give effect to the same.

• However, for the insurance policies which do not permit such transfer/assignment, the Transferee Company 3 may make fresh application(s) to the concerned authority/insurance company(ies) on such terms and conditions as may be prescribed.

• The statement of the profit & loss account of the Transferor Company shall be debited / credited with the difference between the book values of the assets and liabilities transferred to the Transferee Company 3 and the lump sum consideration received by the Transferor Company.

• Transferee Company 1, Transferee Company 2, Transferee Company 3 and Transferee Company 4 are hereinafter referred to as the “Transferee Companies”.

• Part C deals with the payment of consideration and the accounting treatment in the books of the Transferor Company and Transferee Company 3 and various other matters consequential or otherwise integrally connected herewith.

• The mutation/ substitution of the title to such immovable properties shall be made and duly recorded in the name of the Transferee Company 3 by the appropriate authorities pursuant to the sanction of the Scheme by the NCLT and in accordance with the terms hereof.

• The Transferee Company 3 undertakes to continue to abide by any agreement / settlement, if any, entered into by any of the Part IV Transferor Companies, with any union / employee.

• It is hereby clarified that all the costs and/or expenses and/or premiums in relation to the transfer/assignment/of the insurance policies in the name of Part IV Transferor Companies shall be borne by the Transferee Company 3 and the Part IV Transferor Companies shall have no further obligations in this regard.

• Notwithstanding the reduction of capital of the Transferee Company 3, the Transferee Company 3 shall not be required to add “and reduced” as suffix to its name.

More Definitions of Transferee Company 3

Transferee Company 3 means Crescent Power Limited, a public company, incorporated under the provisions of the Companies Act, 1956, under corporate identity number U70101WB2004PLC099945 and having its registered office at 6 Church Lane, 1st Floor, Hare Street, Kolkata – 700 001, India;

Transferee Company 3 or “Mahyco” means Mahyco Private Limited (Corporate Identification Number: U74999MH1991PTC061969), a private limited company incorporated under provisions of the Act and having its registered office at 00, Xxx Xxxxx, 84, Veer Nariman Road, Mumbai 400 020.

Transferee Company 3 shall have the meaning assigned to it in paragraph A(vii) of the Preamble;