https://www.taxtmi.com/caselaws?id=175742 The court dispensed with the meetings of equity shareholders, secured creditors, and unsecured creditors for considering a scheme of arrangement between two companies. The dispensation was granted based on verified consents from stakeholders and the financial stability of the profit-making applicant company. The court concluded that no meetings were necessary as all consents were certified, and the scheme ensured that no liabilities would be transferred to the transferee company, ultimately disposing of the application. en-us Wed, 08 Jul 2009 00:00:00 +0530 Fri, 04 Dec 2015 12:03:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=175742 The court dispensed with the meetings of equity shareholders, secured creditors, and unsecured creditors for considering a scheme of arrangement between two companies. The dispensation was granted based on verified consents from stakeholders and the financial stability of the profit-making applicant company. The court concluded that no meetings were necessary as all consents were certified, and the scheme ensured that no liabilities would be transferred to the transferee company, ultimately disposing of the application. Case-Laws Companies Law Wed, 08 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=175742