https://www.taxtmi.com/caselaws?id=196014 The Court ruled in favor of the applicant Transferee Company, allowing dispensation of separate proceedings in a Scheme of Arrangement involving Amalgamation. The Court found that no separate proceedings were necessary for the Transferee Company as the Capital Structure would remain unchanged, ensuring no impact on existing shareholders' rights. Compliance with Listing Agreement requirements was deemed unnecessary due to no issuance of new shares, and approval from Secured Creditors was obtained without prejudicial impact. The Court's decision was supported by legal precedents and thorough analysis of the presented facts. en-us Mon, 14 Dec 2015 00:00:00 +0530 Fri, 17 Nov 2017 06:54:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196014 The Court ruled in favor of the applicant Transferee Company, allowing dispensation of separate proceedings in a Scheme of Arrangement involving Amalgamation. The Court found that no separate proceedings were necessary for the Transferee Company as the Capital Structure would remain unchanged, ensuring no impact on existing shareholders' rights. Compliance with Listing Agreement requirements was deemed unnecessary due to no issuance of new shares, and approval from Secured Creditors was obtained without prejudicial impact. The Court's decision was supported by legal precedents and thorough analysis of the presented facts. Case-Laws Companies Law Mon, 14 Dec 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196014