https://www.taxtmi.com/caselaws?id=195571 In a scheme of amalgamation, meetings of affected classes may be dispensed with where written consents are on record and the interests of those stakeholders are shown to be adequately protected; accordingly, the meetings of the transferor company's equity shareholders, secured creditors and unsecured creditors, and the transferee company's secured creditors were dispensed with. Where no consent was obtained from the transferee company's equity shareholders and unsecured creditors, their meetings were required to be convened, with directions on notice, venue, timing and reporting. Because shares were to be issued to the promoter group under the scheme, compliance with clause 5.16(a) of the SEBI circulars was also required, and approval through postal ballot and e-voting was directed. en-us Tue, 05 May 2015 00:00:00 +0530 Sat, 04 Nov 2017 10:04:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195571 In a scheme of amalgamation, meetings of affected classes may be dispensed with where written consents are on record and the interests of those stakeholders are shown to be adequately protected; accordingly, the meetings of the transferor company's equity shareholders, secured creditors and unsecured creditors, and the transferee company's secured creditors were dispensed with. Where no consent was obtained from the transferee company's equity shareholders and unsecured creditors, their meetings were required to be convened, with directions on notice, venue, timing and reporting. Because shares were to be issued to the promoter group under the scheme, compliance with clause 5.16(a) of the SEBI circulars was also required, and approval through postal ballot and e-voting was directed. Case-Laws Companies Law Tue, 05 May 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195571