https://www.taxtmi.com/caselaws?id=217366 The court approved the first motion joint Application under Sections 391 to 394 of the Companies Act, 1956 for a Scheme of Arrangement between two Transferor Companies and a Transferee Company. The proposed Scheme, approved by the Board of Directors, Shareholders, and Creditors, involved dispensing with the need for meetings of certain parties based on obtained consents. Meetings for other parties were directed to be convened with appointed individuals overseeing the process. The judgment outlined procedures for meeting conduct, including maintaining proxy registers, sending notices, ensuring fair conduct, and filing post-meeting reports. Ultimately, the application was allowed as per the specified terms, with an order for Dasti. en-us Wed, 03 Oct 2012 00:00:00 +0530 Fri, 12 Oct 2012 21:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217366 The court approved the first motion joint Application under Sections 391 to 394 of the Companies Act, 1956 for a Scheme of Arrangement between two Transferor Companies and a Transferee Company. The proposed Scheme, approved by the Board of Directors, Shareholders, and Creditors, involved dispensing with the need for meetings of certain parties based on obtained consents. Meetings for other parties were directed to be convened with appointed individuals overseeing the process. The judgment outlined procedures for meeting conduct, including maintaining proxy registers, sending notices, ensuring fair conduct, and filing post-meeting reports. Ultimately, the application was allowed as per the specified terms, with an order for Dasti. Case-Laws Companies Law Wed, 03 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217366