https://www.taxtmi.com/caselaws?id=112132 The application under sections 391(1), 393, and 394 of the Companies Act, 1956 for directions to convene meetings of shareholders, secured and unsecured creditors for sanctioning the scheme of amalgamation was granted. The Transferor-company and Transferee-company obtained consent from shareholders and secured creditors, eliminating the need for certain meetings. Specific arrangements were made for unsecured creditors' meetings, ensuring compliance with statutory requirements. The court approved the application, granting permissions and directions for the necessary meetings in accordance with the Companies Act, 1956. en-us Mon, 03 Mar 2008 00:00:00 +0530 Thu, 11 Dec 2014 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=112132 The application under sections 391(1), 393, and 394 of the Companies Act, 1956 for directions to convene meetings of shareholders, secured and unsecured creditors for sanctioning the scheme of amalgamation was granted. The Transferor-company and Transferee-company obtained consent from shareholders and secured creditors, eliminating the need for certain meetings. Specific arrangements were made for unsecured creditors' meetings, ensuring compliance with statutory requirements. The court approved the application, granting permissions and directions for the necessary meetings in accordance with the Companies Act, 1956. Case-Laws Companies Law Mon, 03 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=112132