https://www.taxtmi.com/caselaws?id=113912 The proposed amalgamation was approved because the required consents had already led to dispensation of the meetings of equity shareholders and unsecured creditors of the transferor companies, and the transferee company's meeting was also dispensed with. The Official Liquidator reported no prejudice to members or the public interest, the Central Government raised no objection, and no adverse circumstance was brought to notice. The earlier direction dispensing with the procedure under section 101(2) for reduction of share capital was also noted, and the scheme with its ancillary procedural requirements was sanctioned. en-us Wed, 02 Sep 2009 00:00:00 +0530 Sat, 01 Nov 2014 18:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113912 The proposed amalgamation was approved because the required consents had already led to dispensation of the meetings of equity shareholders and unsecured creditors of the transferor companies, and the transferee company's meeting was also dispensed with. The Official Liquidator reported no prejudice to members or the public interest, the Central Government raised no objection, and no adverse circumstance was brought to notice. The earlier direction dispensing with the procedure under section 101(2) for reduction of share capital was also noted, and the scheme with its ancillary procedural requirements was sanctioned. Case-Laws Companies Law Wed, 02 Sep 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113912