https://www.taxtmi.com/caselaws?id=187037 The court disposed of the application for the Scheme of Amalgamation under Section 391(2) of the Companies Act, 1956, as the proposed scheme between two companies under the same management group received unanimous approval from equity shareholders, creditors, and directors. Due to the requisite consents obtained, the court dispensed with the need for meetings of equity shareholders and creditors. The judgment underscores the importance of securing unanimous consent from stakeholders in amalgamation schemes, facilitating the dispensation of mandatory meetings as mandated by law. en-us Tue, 05 Oct 2010 00:00:00 +0530 Fri, 07 Oct 2016 10:16:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187037 The court disposed of the application for the Scheme of Amalgamation under Section 391(2) of the Companies Act, 1956, as the proposed scheme between two companies under the same management group received unanimous approval from equity shareholders, creditors, and directors. Due to the requisite consents obtained, the court dispensed with the need for meetings of equity shareholders and creditors. The judgment underscores the importance of securing unanimous consent from stakeholders in amalgamation schemes, facilitating the dispensation of mandatory meetings as mandated by law. Case-Laws Companies Law Tue, 05 Oct 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187037