https://www.taxtmi.com/caselaws?id=97689 The High Court of Madras addressed an application seeking dispensation of an extraordinary general meeting for the approval of an amalgamation between two companies. The court found no valid reasons to bypass the requirement under Section 394 of the Indian Companies Act, emphasizing the importance of convening the meeting to ensure proper consideration and approval of the amalgamation arrangement. The judgment directed the applicant to hold the extraordinary general meeting as mandated by Section 391 of the Companies Act and seek court approval under Section 394, ensuring compliance with statutory requirements for amalgamation approval. en-us Wed, 11 Nov 1959 00:00:00 +0530 Tue, 17 Jan 2012 16:51:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=97689 The High Court of Madras addressed an application seeking dispensation of an extraordinary general meeting for the approval of an amalgamation between two companies. The court found no valid reasons to bypass the requirement under Section 394 of the Indian Companies Act, emphasizing the importance of convening the meeting to ensure proper consideration and approval of the amalgamation arrangement. The judgment directed the applicant to hold the extraordinary general meeting as mandated by Section 391 of the Companies Act and seek court approval under Section 394, ensuring compliance with statutory requirements for amalgamation approval. Case-Laws Companies Law Wed, 11 Nov 1959 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=97689