https://www.taxtmi.com/caselaws?id=103550 The court directed the convening of shareholders' meetings for the proposed scheme of amalgamation, which was unanimously approved. The Central Government's objections regarding the procedure for reduction of capital were addressed, with compliance confirmed. The consent of creditors for the scheme was obtained, and the court found no need for a separate meeting of creditors. The reappointment of the managing director post-amalgamation was contingent on scheme approval. The change of name of the transferee company was approved, and the scheme of amalgamation and arrangement, including capital restructuring, was sanctioned and confirmed. en-us Fri, 29 Sep 1995 00:00:00 +0530 Thu, 23 Feb 2012 16:14:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=103550 The court directed the convening of shareholders' meetings for the proposed scheme of amalgamation, which was unanimously approved. The Central Government's objections regarding the procedure for reduction of capital were addressed, with compliance confirmed. The consent of creditors for the scheme was obtained, and the court found no need for a separate meeting of creditors. The reappointment of the managing director post-amalgamation was contingent on scheme approval. The change of name of the transferee company was approved, and the scheme of amalgamation and arrangement, including capital restructuring, was sanctioned and confirmed. Case-Laws Companies Law Fri, 29 Sep 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=103550