https://www.taxtmi.com/caselaws?id=262417 The court dispensed with the requirement of convening meetings for equity shareholders, preference shareholders, secured and unsecured creditors where consents were provided in writing. The Scheme of Arrangement involving amalgamation and demerger was approved by the Board of Directors, with consents obtained from relevant parties. Meetings for secured and unsecured creditors were directed to be convened, with specific quorum and procedural requirements set. Notices and publication requirements were outlined, and Chairpersons were appointed to conduct meetings. The application was allowed, enabling the implementation of the Scheme of Arrangement. en-us Mon, 27 Jul 2015 00:00:00 +0530 Mon, 03 Aug 2015 18:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=262417 The court dispensed with the requirement of convening meetings for equity shareholders, preference shareholders, secured and unsecured creditors where consents were provided in writing. The Scheme of Arrangement involving amalgamation and demerger was approved by the Board of Directors, with consents obtained from relevant parties. Meetings for secured and unsecured creditors were directed to be convened, with specific quorum and procedural requirements set. Notices and publication requirements were outlined, and Chairpersons were appointed to conduct meetings. The application was allowed, enabling the implementation of the Scheme of Arrangement. Case-Laws Companies Law Mon, 27 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=262417