https://www.taxtmi.com/caselaws?id=194918 The court granted the application under Sections 391-394 of the Companies Act, 1956, dispensing with meetings of shareholders and creditors for multiple companies involved in a scheme of arrangement for amalgamation. The scheme, including consent details of shareholders and creditors, was considered, and specific company particulars were reviewed. While most companies did not require meetings, a meeting for unsecured creditors of one company was directed to safeguard stakeholders' rights. Detailed directions for meeting conduct, including Chairperson appointment and reporting, were provided, and the application was disposed of accordingly. en-us Fri, 11 Mar 2016 00:00:00 +0530 Fri, 06 Oct 2017 06:46:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194918 The court granted the application under Sections 391-394 of the Companies Act, 1956, dispensing with meetings of shareholders and creditors for multiple companies involved in a scheme of arrangement for amalgamation. The scheme, including consent details of shareholders and creditors, was considered, and specific company particulars were reviewed. While most companies did not require meetings, a meeting for unsecured creditors of one company was directed to safeguard stakeholders' rights. Detailed directions for meeting conduct, including Chairperson appointment and reporting, were provided, and the application was disposed of accordingly. Case-Laws Companies Law Fri, 11 Mar 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194918