https://www.taxtmi.com/caselaws?id=219457 The Application under Sections 391 & 394 of the Companies Act, 1956 for a Scheme of Amalgamation is allowed with an order for expedited delivery. The proposed Scheme has approval from the Board of Directors, and consents from Shareholders, Secured and Unsecured Creditors are detailed. Meetings of Shareholders and Creditors of Transferor Companies are dispensed with, while meetings of Secured and Unsecured Creditors of the Transferee Company are directed to be convened. Procedural requirements, creditor meetings, appointment of officials, quorum rules, notice provisions, and compliance with accounting certifications are addressed in the judgment. en-us Mon, 26 Nov 2012 00:00:00 +0530 Thu, 13 Dec 2012 17:14:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219457 The Application under Sections 391 & 394 of the Companies Act, 1956 for a Scheme of Amalgamation is allowed with an order for expedited delivery. The proposed Scheme has approval from the Board of Directors, and consents from Shareholders, Secured and Unsecured Creditors are detailed. Meetings of Shareholders and Creditors of Transferor Companies are dispensed with, while meetings of Secured and Unsecured Creditors of the Transferee Company are directed to be convened. Procedural requirements, creditor meetings, appointment of officials, quorum rules, notice provisions, and compliance with accounting certifications are addressed in the judgment. Case-Laws Companies Law Mon, 26 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219457