https://www.taxtmi.com/caselaws?id=219925 The court granted the application for a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving multiple companies. The judgment approved the merger of three "Transferor Companies" into the "Transferee Company," detailing the stakeholders' consents, meeting arrangements for equity shareholders, voting procedures, and reporting requirements. The court dispensed with the need for a meeting of Unsecured Creditors based on provided consents and resolutions. Overall, the judgment approved the application with specified directives for immediate action, ensuring compliance with legal formalities in the amalgamation process. en-us Tue, 11 Dec 2012 00:00:00 +0530 Wed, 02 Jan 2013 15:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=219925 The court granted the application for a Scheme of Amalgamation under Sections 391 to 394 of the Companies Act, 1956, involving multiple companies. The judgment approved the merger of three "Transferor Companies" into the "Transferee Company," detailing the stakeholders' consents, meeting arrangements for equity shareholders, voting procedures, and reporting requirements. The court dispensed with the need for a meeting of Unsecured Creditors based on provided consents and resolutions. Overall, the judgment approved the application with specified directives for immediate action, ensuring compliance with legal formalities in the amalgamation process. Case-Laws Companies Law Tue, 11 Dec 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=219925