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    <title>2015 (8) TMI 188 - DELHI HIGH COURT</title>
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    <description>The court allowed the application, dispensing with meetings for equity shareholders and certain creditors of the transferor companies except for unsecured creditors of transferor company no. 2. The Scheme of Amalgamation was approved, highlighting benefits such as operational synergies. Jurisdictional considerations required a separate application for the transferee company. Share capital details were outlined for each transferor company. Consents from shareholders and creditors were examined, leading to the dispensation of meetings for most. A meeting for unsecured creditors of transferor company no. 2 was directed, with specific instructions for its conduct.</description>
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    <pubDate>Mon, 27 Jul 2015 00:00:00 +0530</pubDate>
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      <link>https://www.taxtmi.com/caselaws?id=262271</link>
      <description>The court allowed the application, dispensing with meetings for equity shareholders and certain creditors of the transferor companies except for unsecured creditors of transferor company no. 2. The Scheme of Amalgamation was approved, highlighting benefits such as operational synergies. Jurisdictional considerations required a separate application for the transferee company. Share capital details were outlined for each transferor company. Consents from shareholders and creditors were examined, leading to the dispensation of meetings for most. A meeting for unsecured creditors of transferor company no. 2 was directed, with specific instructions for its conduct.</description>
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