https://www.taxtmi.com/caselaws?id=217690 The Court approved the Scheme of Amalgamation between the Transferor Companies and the Transferee Company under sections 391 to 394 of the Companies Act, 1956. The application detailed the approval of the proposed scheme by the Board of Directors, consent from equity shareholders and creditors, and the dispensation of meetings for shareholders and creditors based on consents and payment status. The Court dispensed with the requirement of convening specific creditors' meetings and granted approval for the scheme, issuing an order for further action. en-us Wed, 17 Oct 2012 00:00:00 +0530 Sat, 20 Oct 2012 18:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217690 The Court approved the Scheme of Amalgamation between the Transferor Companies and the Transferee Company under sections 391 to 394 of the Companies Act, 1956. The application detailed the approval of the proposed scheme by the Board of Directors, consent from equity shareholders and creditors, and the dispensation of meetings for shareholders and creditors based on consents and payment status. The Court dispensed with the requirement of convening specific creditors' meetings and granted approval for the scheme, issuing an order for further action. Case-Laws Companies Law Wed, 17 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217690