https://www.taxtmi.com/caselaws?id=193748 The High Court of Karnataka granted a company application seeking dispensation of convening a meeting of shareholders, secured, and unsecured creditors in the context of a proposed scheme of amalgamation. The court allowed the application, noting compliance with procedural requirements under the Companies Act, full disclosure of relevant information, and certifications from professionals. The dispensation was based on the shareholders' and creditors' lack of objections to the scheme, facilitating the efficient progress of the amalgamation process while ensuring corporate governance and legal compliance. en-us Fri, 01 Apr 2016 00:00:00 +0530 Fri, 18 Aug 2017 08:35:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=193748 The High Court of Karnataka granted a company application seeking dispensation of convening a meeting of shareholders, secured, and unsecured creditors in the context of a proposed scheme of amalgamation. The court allowed the application, noting compliance with procedural requirements under the Companies Act, full disclosure of relevant information, and certifications from professionals. The dispensation was based on the shareholders' and creditors' lack of objections to the scheme, facilitating the efficient progress of the amalgamation process while ensuring corporate governance and legal compliance. Case-Laws Companies Law Fri, 01 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=193748