https://www.taxtmi.com/caselaws?id=194348 The court granted the application under Section 391 of the Companies Act, 1956, dispensing with the requirement of convening meetings for the promoter/majority equity shareholder and creditors of the transferor and transferee companies. The court accepted the scheme of amalgamation, which included a cash consideration for minority shareholders and directed meetings for minority equity shareholders to be held. The court emphasized conducting the meetings in a fair manner and required notices to be sent to shareholders in advance. The application was allowed as per the terms outlined in the judgment. en-us Wed, 18 Mar 2009 00:00:00 +0530 Tue, 05 Sep 2017 17:54:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194348 The court granted the application under Section 391 of the Companies Act, 1956, dispensing with the requirement of convening meetings for the promoter/majority equity shareholder and creditors of the transferor and transferee companies. The court accepted the scheme of amalgamation, which included a cash consideration for minority shareholders and directed meetings for minority equity shareholders to be held. The court emphasized conducting the meetings in a fair manner and required notices to be sent to shareholders in advance. The application was allowed as per the terms outlined in the judgment. Case-Laws Companies Law Wed, 18 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194348