https://www.taxtmi.com/caselaws?id=195007 The Court granted dispensation from convening meetings of Equity Shareholders and Preference Shareholders in a Composite Scheme of Arrangement involving Amalgamation, Demerger, and Restructure of Share Capital under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956. The Applicant Company obtained written consent letters from all Shareholders, and as there were no creditors, the Court approved the Scheme, emphasizing the significance of obtaining Shareholders' consent for smooth restructuring processes. en-us Fri, 06 May 2016 00:00:00 +0530 Wed, 11 Oct 2017 06:08:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195007 The Court granted dispensation from convening meetings of Equity Shareholders and Preference Shareholders in a Composite Scheme of Arrangement involving Amalgamation, Demerger, and Restructure of Share Capital under Sections 391 to 394 read with Sections 100 to 103 of the Companies Act, 1956. The Applicant Company obtained written consent letters from all Shareholders, and as there were no creditors, the Court approved the Scheme, emphasizing the significance of obtaining Shareholders' consent for smooth restructuring processes. Case-Laws Companies Law Fri, 06 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195007