https://www.taxtmi.com/caselaws?id=217938 The High Court allowed the first motion application under sections 391 & 394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies. The Board of Directors approved the proposed Scheme, dispensing with the requirement for Shareholders' meetings based on written consents. A separate meeting for Unsecured Creditors was directed, with specific arrangements and publication of notices. The Court fixed the quorum, allowed voting and proxy provisions, and mandated filing of reports by the Chairperson/Alternate Chairperson. The application was granted with an order for Dasti. en-us Mon, 15 Oct 2012 00:00:00 +0530 Mon, 29 Oct 2012 18:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217938 The High Court allowed the first motion application under sections 391 & 394 of the Companies Act, 1956 for the Scheme of Amalgamation of two companies. The Board of Directors approved the proposed Scheme, dispensing with the requirement for Shareholders' meetings based on written consents. A separate meeting for Unsecured Creditors was directed, with specific arrangements and publication of notices. The Court fixed the quorum, allowed voting and proxy provisions, and mandated filing of reports by the Chairperson/Alternate Chairperson. The application was granted with an order for Dasti. Case-Laws Companies Law Mon, 15 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217938