https://www.taxtmi.com/caselaws?id=194310 The Delhi High Court granted the application under Sections 391 to 394 of the Companies Act, 1956, dispensing with the need for meetings of equity shareholders and creditors for a Scheme of Arrangement between two companies. The Scheme involved merging the Software Solution Business of the demerged company into the resulting company. With approvals from the Board of Directors and consent from shareholders and creditors of both companies, the Court approved the application as all necessary consents were obtained, allowing the Scheme to proceed without convening meetings for approval. en-us Fri, 28 Aug 2015 00:00:00 +0530 Mon, 04 Sep 2017 22:07:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194310 The Delhi High Court granted the application under Sections 391 to 394 of the Companies Act, 1956, dispensing with the need for meetings of equity shareholders and creditors for a Scheme of Arrangement between two companies. The Scheme involved merging the Software Solution Business of the demerged company into the resulting company. With approvals from the Board of Directors and consent from shareholders and creditors of both companies, the Court approved the application as all necessary consents were obtained, allowing the Scheme to proceed without convening meetings for approval. Case-Laws Companies Law Fri, 28 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194310