https://www.taxtmi.com/caselaws?id=262221 The court granted the application under Sections 391 to 394A of the Companies Act, 1956, allowing the dispensation of meetings for equity shareholders of the two companies involved in the proposed Scheme of Amalgamation and Arrangement. The court noted the consents received from the majority of equity shareholders, absence of pending proceedings, and specified procedures for convening a meeting for unsecured creditors of the transferee company. The judgment approved the application's terms, enabling the advancement of the proposed scheme between the companies. en-us Mon, 27 Jul 2015 00:00:00 +0530 Mon, 03 Aug 2015 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262221 The court granted the application under Sections 391 to 394A of the Companies Act, 1956, allowing the dispensation of meetings for equity shareholders of the two companies involved in the proposed Scheme of Amalgamation and Arrangement. The court noted the consents received from the majority of equity shareholders, absence of pending proceedings, and specified procedures for convening a meeting for unsecured creditors of the transferee company. The judgment approved the application's terms, enabling the advancement of the proposed scheme between the companies. Case-Laws Companies Law Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262221