https://www.taxtmi.com/caselaws?id=345668 In an amalgamation proposal under Sections 230 and 232, the Tribunal dispensed with meetings of the transferor companies' equity shareholders and unsecured creditors because all consents were filed, supported by chartered accountant certificates, and the transferor companies had no secured creditors. It refused dispensation for the listed transferee company because no consent letters from its equity shareholders, secured creditors, or unsecured creditors were produced, and directed that the required meetings be convened with notice, voting, quorum, scrutiny, and statutory service requirements. The application was therefore partly accepted, with dispensation limited to the transferor companies. en-us Fri, 07 Apr 2017 00:00:00 +0530 Sat, 22 Jul 2017 11:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=345668 In an amalgamation proposal under Sections 230 and 232, the Tribunal dispensed with meetings of the transferor companies' equity shareholders and unsecured creditors because all consents were filed, supported by chartered accountant certificates, and the transferor companies had no secured creditors. It refused dispensation for the listed transferee company because no consent letters from its equity shareholders, secured creditors, or unsecured creditors were produced, and directed that the required meetings be convened with notice, voting, quorum, scrutiny, and statutory service requirements. The application was therefore partly accepted, with dispensation limited to the transferor companies. Case-Laws Companies Law Fri, 07 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=345668