ZBa

ane

ROORAN

RAMAKRISHNAN SADASIVAN

B.COM., F.C.A., A.C.M.A, D.I.S.A. (ICA)., RV-SFA

LIQUIDATOR

THIRU AROORAN SUGARS LIMITED

IBBI REGN NO: IBBI/IPA-001/IP-P00108/2017-18/10215

28-03-2022

ae

National Stock Exchange Ltd Exchange Plaza

C-1, Block G

Bandra Kurla Complex, Bandra (E)

Mumbai - 400 051

Sir/Ma'am,

Sub:

ee

CIN: L15421TN1954PLC002915

BSE Ltd

Phiroze Jeejeebhoy Towers Dalal Street

Mumbai - 400 001

(IN LIQUIDATION)

Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015

Ref:

THIRU AROORAN SUGARS LTD - Security Name / Code - THIRUSUGAR / 507450

Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that the Hon'ble National Company Law Tribunal,

Division - II, Chennai Bench, by its Order dated 24.03.2022 made in

the Company Petition No.

CP (CAA) / 30 / CHE / 2022 had fixed the date for hearing of the

Company Petition on

27.04.2022 and has directed for Advertisement of the Notice of Hearing by way of Newspaper Publication. Copy of the following documents related to the aforesaid meeting are enclosed:

1. Order

NCLT

dated 24-03-2022.

  • 2. edition) on 28-03- 2022

    Copy of the Advertisement published in Times of India (All India

  • 3. Copy Advertisement published in Daily Thanthi (Chennai edition) on 28-03- 2022

of the

Kindly take the above notice on record.

Thanking you,

Yours faithfully

For THIRU AROORAN SUGARS LTD

RAMAKRISHNAN SADASIVAN LIQUIDATOR OF THIRU AROORAN SUGAR REG. NO. IBBI/IPA-001/IP-P00108/2017-18/10215

Encl: As above

New No 28, Old No.22, Menod Street, Pursawalkam, Chennai - 600 007] Mobile: 94444 55982 | Email:sadasivanre@gmail.com & thiruarooransugarsitd@gmail.com

NATIONAL COMPANY LAW TRIBUNAL

DIVISION BENCH - II

CHENNAI

28

256

a,

[lob

ATTENDANCE CUM ORDER SHEET OF THE HEARING OF CHENNAI BENCH, CHENNAI NATIONAL COMPANY LAW TRIBUNAL, HELD ON 24-03-2022 AT 10.30 A.M THROUGH

VIDEO CONFERENCING:

PRESENT: JUSTICE (RETD.) SMT. S. RAMATHILAGAM, MEMBER (JU DICIAL)

SHRI B. ANIL KUMAR, MEMBER (TECHNICAL)

APPLICATION NUMBER PETITION NUMBER

  • : CP(CAA)/30CHE/2022

  • : IBA/243/2019

    NAME OF THE

    PETITIONER

    NAME OF THE RESPONDENTS

    UNDER SECTION

  • : Ramakrishnan Sadasivan ( Liquidator)

    M/s Thiru Arooran Sugars Ltd

: Sec 230-232 of CA, 2013

(] B-DHAWARAT -

Counted for poltonn

- 4

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»

PE Li Loney

ORDER

Learned Counsel for the Petitioner B. Dhanraj and Mohammed Umar present.

CP(CAA)/30/CHE/2022 Petitioner viz., Ramakrishnan

is a

Company

Sadasivan

Petition

filed

by

the

(Liquidator) for M/s. Thiru

Arooran Sugars Ltd., which is coming up before us for admission and

for fixing a date of hearing of

the main Company Petition as well as

for in to publication in press to be

a direction

relation

effected

and

notices to be issued to the authorities concerned in relation to date of hearing of the Petition and calling for the objections, if any, to the Composite Scheme of Arrangement (hereinafter for brevity referred

to as "SCHEME")

contemplated

Scheme proposed by M/s. KALS

between

the

Petitioners

Distilleries

Pvt.

Ltd..

and

the

2.

From the records, it is seen that the First Motion Application

vide

CA(CAA)/113/CHE/2021

directions for convening,

conducting and holding of the meeting of

the

of

Thiru

Ltd.

Based

such

application

under

the

Act,

2013,

the

of

was

filed

by the

Stakeholders Committee

Arooran

Sugars

the Company on

gh.

Sections

meetings

of

in

Liquidation

was

this

up

230-232

Companies

the

Stakeholders

Committee

Petitioners

in Liquidation i.e. M/s

of

the

ordered vide Order dated 07.06.2019.

Subsequent

petition on second

to the

order

and

motion

filed before this Tribunal

before

usfor

fixing

a

date

of hearing

consequential directions in terms of

of

Companies

(Compromise,

Act,

2013

read

Arrangements

its due

moved

(the

Company

compliance,

as

provisions of Sections

with and

well

Rule

16

of the

Amalgamation)

seeking

'Act')

now

is coming as

for

other

230

to

232

Companies

Rules,

2016,

brought into effect and on and from 01.04.2020 and it is now hereby ordered as follows:-

  • (i) The date of hearing of the Petition filed by the Petitioners

    for the sanction of the Scheme 2022.

  • (ii) Notice

    April,

    advertised

    in

    the

    India"

    (English,

    All

    India

    for

    is fixed on 27%

    of

    the

    hearing

    shall

    be

    newspapers viz., the "Times of edition) and "Daily Thanthi" (Tamil, Chennai edition) not

    less than hearing.

    10 days

    before the aforesaid

    date

    fixed

  • (iii) In addition

to the above

publicnotice,

the Transferor

Company

shall serve the notice of the Petition on

the

following

Authorities

namely,

(a)

Central

Government

through

the

office

of the

Regional

Director

(Southern

Region), Ministry of Corporate Affairs (MCA) (b) Registrar

jurisdiction specifically

of

Companies,

the

Income

having

indicating

of

Tax over their

working

Chennai,

MCADepartment

the PAN

respective

Nos.

other sectoral

of

the

regulators, respective

(c) Official Liquidator,

the

office

in the

companies communication

if any, who companies

(d)

may

involved

govern

in

and the the

Scheme atleast 30 days before the date fixed for hearing of the above Petition.

  • (iv) Further, notice shall also be served to Objector(s) or to their representative, if any,

    Annexures filed therewith atleast fixed for hearing.

    representation

    and

    to

    in

    representation

    along

    of

    the

    Petition

    and

    the

    30

    days

    before

    the

    date

    as

    contemplated

    under

    Sub-

    Section

    the

    Act who may

    have

    made

    their

    230 of who have desired with a copy

    Section (4) of

    be heard

  • (v) The Petitioners shall (7 days before the date of hearing of

the

Petition),file an affidavit of service

paper publication effected as well as service the Authorities specified above.

in relation

to

of

notices on

(vi)

Objections,

if

any,

authorities

to

whom

notices

have

been

given

before

of

hearing

fixed

herein

may

be

failing

to

the date which it will approval this Tribunal

the

Scheme

be

that

is

no

the

of

on

the

part

of

the

by

to

other

there

contemplated

by

on

or

considered the Scheme and subject

filed, objection to authorities

condition

satisfied as may be applicable under the Companies 2013 and relevant rules framed thereunder.

the

being Act,

(vii) The Petitioner Companies shall individually complyproviso to sub section (3) of Section

sub section

(7) of Section

230,

as

under the circumstances on or before

232

or

may

be

the

date

proviso to applicable fixed for

by

auditor.

next

of

of

the

27°

the

of

the

of the

hearing

filing the certificate of Company's

The

date

hearing

2022

for

consideration

Petition shall be on

approval

contemplated among the Petitioner Companies.

-Sd-

B. ANIL KUMAR MEMBER (TECHNICAL)

Scheme

with

April,

as

-Sd-

Justice (Retd.) S. RAMATHILAGAM

MEMBER (JUDICIAL)

Haripriya

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Thiru Arooran Sugars Limited published this content on 29 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 March 2022 07:03:02 UTC.