https://www.taxtmi.com/caselaws?id=195560 The Court orders dispensation of meetings for Equity Shareholders and Secured Creditors in a merger scheme case. However, a meeting of Unsecured Creditors of the Transferor Company is deemed necessary. Mr. Sapan Dhir is appointed as Chairman and Mr. Manvinder Dalal as Co-Chairman for the Unsecured Creditors' meeting. The appointed Chair and Co-Chair are to report the meeting results to the Court within seven days. The meeting must comply with legal procedures, including public notification and individual notices to Creditors. Approval of the merger scheme by at least 75% of Unsecured Creditors present and voting is required for the scheme to proceed. en-us Fri, 24 Apr 2015 00:00:00 +0530 Fri, 03 Nov 2017 17:36:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195560 The Court orders dispensation of meetings for Equity Shareholders and Secured Creditors in a merger scheme case. However, a meeting of Unsecured Creditors of the Transferor Company is deemed necessary. Mr. Sapan Dhir is appointed as Chairman and Mr. Manvinder Dalal as Co-Chairman for the Unsecured Creditors' meeting. The appointed Chair and Co-Chair are to report the meeting results to the Court within seven days. The meeting must comply with legal procedures, including public notification and individual notices to Creditors. Approval of the merger scheme by at least 75% of Unsecured Creditors present and voting is required for the scheme to proceed. Case-Laws Companies Law Fri, 24 Apr 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195560