https://www.taxtmi.com/caselaws?id=342701 An application under Sections 230 and 232 of the Companies Act, 2013 sought directions for a proposed Scheme of Arrangement. The Tribunal verified the shareholding pattern, noted the absence of creditors in two applicant companies, and accepted the consent and no-objection of the unsecured creditors of the remaining company. It directed separate meetings of the equity shareholders of each applicant company, and fixed the venue, date, time, quorum, proxy arrangements, chairperson, advertisements, and statutory notices in accordance with the Companies (Compromises, Arrangements & Amalgamations) Rules, 2016. The unsecured creditors' meeting was dispensed with. en-us Mon, 20 Mar 2017 00:00:00 +0530 Fri, 05 May 2017 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342701 An application under Sections 230 and 232 of the Companies Act, 2013 sought directions for a proposed Scheme of Arrangement. The Tribunal verified the shareholding pattern, noted the absence of creditors in two applicant companies, and accepted the consent and no-objection of the unsecured creditors of the remaining company. It directed separate meetings of the equity shareholders of each applicant company, and fixed the venue, date, time, quorum, proxy arrangements, chairperson, advertisements, and statutory notices in accordance with the Companies (Compromises, Arrangements & Amalgamations) Rules, 2016. The unsecured creditors' meeting was dispensed with. Case-Laws Companies Law Mon, 20 Mar 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342701