https://www.taxtmi.com/caselaws?id=195032 The court approved the Composite Scheme of Arrangement involving the Demerger and Transfer of Real Estate and Portfolio Investment Undertakings, along with the dispensation of meetings of Equity Shareholders and Unsecured Creditors. The scheme included the utilization of the Securities Premium Account, amalgamation of residue undertakings, and legal provisions under the Companies Act. The court granted dispensation based on obtained consents, confirming the status of Shareholders and Creditors, ultimately disposing of the application and accepting the proposed scheme. en-us Thu, 21 Apr 2016 00:00:00 +0530 Wed, 29 Nov 2017 18:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195032 The court approved the Composite Scheme of Arrangement involving the Demerger and Transfer of Real Estate and Portfolio Investment Undertakings, along with the dispensation of meetings of Equity Shareholders and Unsecured Creditors. The scheme included the utilization of the Securities Premium Account, amalgamation of residue undertakings, and legal provisions under the Companies Act. The court granted dispensation based on obtained consents, confirming the status of Shareholders and Creditors, ultimately disposing of the application and accepting the proposed scheme. Case-Laws Companies Law Thu, 21 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195032