https://www.taxtmi.com/caselaws?id=195812 The Court dispensed with meetings of shareholders and creditors for the amalgamation of three companies based on consent affidavits. Notices were duly published, and compliance with regulatory guidelines was addressed. The Official Liquidator's reports confirmed no prejudicial conduct, and the Court approved the genuine and beneficial Scheme, granting the petitions' prayers. Costs were allocated to the companies involved, and orders were directed to be acted upon without the need for formal issuance. The judgment ensured thorough consideration of all legal aspects before approving the Scheme. en-us Wed, 28 Oct 2015 00:00:00 +0530 Sat, 11 Nov 2017 10:51:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=195812 The Court dispensed with meetings of shareholders and creditors for the amalgamation of three companies based on consent affidavits. Notices were duly published, and compliance with regulatory guidelines was addressed. The Official Liquidator's reports confirmed no prejudicial conduct, and the Court approved the genuine and beneficial Scheme, granting the petitions' prayers. Costs were allocated to the companies involved, and orders were directed to be acted upon without the need for formal issuance. The judgment ensured thorough consideration of all legal aspects before approving the Scheme. Case-Laws Companies Law Wed, 28 Oct 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=195812